Sep 19, 2025
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Dogecoin Faces Key Resistance at $0.3 Amid Bullish Momentum
The Dogecoin price recently experienced a rise to $0.3 before correcting back to $0.26. Current market conditions show potential for movement in either direction.
Why Dogecoin Price Is Still Bullish
- A breakout from a classic falling wedge pattern suggests the end of a corrective phase, indicating bullish trends.
- Hidden bullish divergence on RSI and MACD indicates strong upward momentum, potentially supporting further price increases.
- A Change of Character (CHoCH) after a liquidity grab reinforces bullish momentum.
- If confirmed, prices could surpass $0.3, although caution is advised due to unclear signals.
How The Bears Could Win
- If support above $0.25 fails, Dogecoin could drop toward $0.2.
- Maintaining the price above this level is crucial for continued bullish momentum.
- Investors are advised to wait for clearer trading opportunities if the price falls below the support level.
