DOGE backtests downtrend, launch to $0.10 next? Dogecoin Technical Analysis, Price Predictions, News


 

Technical analysis on cryptocurrency Dogecoin for week ending 02/27/2021. Doge is consolidating and only a matter of time when it breaks out or breaks down. I anticipate Doge to break to the upside after breaking $0.06 resistance, it’ll move up to test resistance at $0.08. If it can break above .08, it’ll make it’s way up to $0.10! On the bear side, if support at $0.05 doesn’t hold, it’ll retest support at $0.04 and potentially form a double bottom there.

Dogecoin news this week includes:

- Elon Musk purchases Doge mining rigs + more Doge memes

- Dojo for Doge: Will your Tesla be able to mine Dogecoin in the future?

- Elon Musk: Doge all day, Doge all night

- YouTuber MKBHD makes video about Dogecoin

- Tesla CEO Elon Musk is reportedly under SEC investigation over Dogecoin tweets

 


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