As the market continues to establish support, which coin(s) will more likely have a better time next week from our memecoin category? Let's find out!👇 CMCAlexandria Author: youngcryptowolf DOGE SHIB BABYDOGE CATE FLOKI SAITAMA
If you have been following my pieces, you know I like to use the logarithmic chart. The price action is condensed for a better view.
Using the 4-hour time frame, we can see that DOGE has printed a new monthly low and high. However, since printing a new monthly high, the price has been sitting at support. Is our major support level going to hold steady or are we setting up for lower lows?Taking a closer look at our most recent price action, we can see a higher low is in progress. The bulls have some work to do if they want to see another DOGE coin rally.A 4-hour close above $0.
A 4-hour close above 1135 will assist the price to retest the June high. However, if there is a rejection from this level, expect a steep sell-off.Nothing new here as we are sticking with the 4-hour time frame and logarithmic chart combo. BABYDOGE has been stable since its recent big move. The bulls remain in control and are looking to confirm support.
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