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Dogecoin (DOGE) Price: Why This Trendline Retest Has Traders Watching Closely

Dogecoin (DOGE) Price: Why This Trendline Retest Has Traders Watching Closely

Photo: CoinCentral

TLDR DOGE is trading near $0.0871 on the Oct. 12 Binance daily chart, up about 1%. Key support sits at $0.0792, with resistance at $0.09 and $0.1174. Daily RSI is 44.56 and MACD is bearish, so momentum remains weak. U.S. Dogecoin ETFs saw no net flows for seven sessions, and Bitwise is closing its BWOW fund on Oct. 14. Analyst Trader Tardigrade says DOGE is retesting a long-term trendline it recently broke. Dogecoin is trading around $0.0871 on the Oct. 12 Binance daily chart. The price opened near $0.0862 and reached a high of $0.0883 before climbing about 1%.

Source: CoinCentral

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