Dogecoin cup & handle formation, can reach 55 cents | DOGE Technical Analysis


 

Technical analysis, price predictions and news on cryptocurrency Dogecoin for 05/03/2021. Doge appears to be making a V-shaped recover off of its lows from April 22. It has been on a steady bullish rise, although on fairly low volume. But if Doge manages to hold above support at 37 cents, its possible for it to run back to all time highs at around 48 cents. A break above that level and it could rally as high as 55 cents before running into resistance. To the downside, if support at 37 cents cannot hold, Doge could fall to support at around 33 cents. If it continues to selloff, we could see it retest the 200DMA at around 31 cents.


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