Dogecoin Price Analysis: DOGE tests $0.20 again, ready to reverse next week?

TL;DR Breakdown Dogecoin price analysis is bullish.DOGE/USD still holds above $0.20.DOGE is set to reverse today. Dogecoin price analysis is bullish today as the market found support at the $0.20 support again today and the market currently looks to reverse. Therefore, we expect DOGE/USD to move higher over the next week and potentially return above the $0.23 local swing high. Cryptocurrency heat map. Source: Coin360 The overall market traded with mixed results over the last 24 hours. The market leader, Bitcoin, is up by 1.62 percent, while Ethereum is up by 3.06 percent. Meanwhile, Cardano is the worst performer, with a loss of more than 5 percent. Dogecoin price movement in the last 24 hours: Dogecoin still holds above $0.20 DOGE/USD traded in a range of $0.1945 – $0.2119, indicating mild volatility over the last 24 hours. Trading volume has increased by 17.32 percent and totals $1.5 billion, while the total market cap trades around $27 billion, ranking the coin in 10th place overall. DOGE/USD 4-hour chart: DOGE set to reverse next week? On the 4-hour chart, we can see the Dogecoin price refusing to move lower, indicating a potential reversal to come next week. DOGE/USD 4-hour chart. Source: TradingView Dogecoin price action has continued to trade in a bearish momentum over the past week. After a strong decline on the 7th of September, DOGE/USD saw consolidation last week above the $0.23 mark. However, on Monday, ...