Dogecoin Reclaims $0.18 as Key Price Battleground for Bulls and Bears

Dogecoin has regained the $0.18 price level, a crucial battleground for bulls and bears. This level has been both resistance and support in the past, indicating its significance for future price movements.

  • Increased trading volume signals renewed investor interest.
  • Technical indicators suggest bullish momentum, with the Relative Strength Index (RSI) above 50.
  • Potential resistance targets are at $0.24 and $0.29; breaking these may lead to further gains toward $0.35 and $0.4.

If Dogecoin falls below $0.18, it may retest this level or decline to $0.12, with further downside risk to $0.09, a historically significant accumulation zone.

Dogecoin
Dogecoin