As shown on the daily chart for the DOGECOIN, the price back on Jul 21st, failed to break down the crucial support at 0.165, and bounced back up to break out the dynamic support area (Three moving average lines) around 0.2230 and went all the way up to retest the resistance around 0.28066 at retracement zone. If breakout happens at 0.28066, we will be looking for a higher low, and this also could be a good early indication for the reverse of the trend from bearish to bullish. If breakout fails on the other hand, we expect the price will bounce back down to test the new support around 0.2135. We will update the chart if anything changes.
For holders, the good places to buy more are around 0.21 and around 0.16.
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GOOD LUCK
For holders, the good places to buy more are around 0.21 and around 0.16.
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GOOD LUCK