Dogecoin (DOGE) Clears Key Resistance; Here Is Why $0.1 Is On The Cards

DOGE’s price shows strength as it bounces from a downtrend range as price rallied to a high of $0.085 with eyes set on $0.1. DOGE could rally more if the price breaks and closes above $0.1 with good volume, as the price of DOGE looks bullish now. DOGE’s price remains strong on the daily timeframe above the 50 and 200 Exponential Moving Averages (EMA) as the price aims for more rallies. The price of Dogecoin (DOGE) has been one of the standout performers during the past few days, gaining the attention of many traders with the news of Elon Musk finalizing the ownership of Twitter becoming an increasingly fundamental to propel the price of Dogecoin (DOGE) to $0.1. The past few days have seen the crypto market has looked more decent, with the likes of Bitcoin (BTC) and Ethereum (ETH) showing some great price movement in recent times. DOGE’s price rallied from $0.05 to a region of $0.085 as the price aims to take the market by its horn. (Data from Binance) Related Reading: Ethereum Price Corrects But This Level Could Trigger Fresh Increase Dogecoin (DOGE) Price Analysis On The Weekly Chart. In recent times, Dogecoin has struggled to regain its bullish momentum as the price has had a more quiet time ranging in a weekly low of $0.05; despite the uncertainty that has befallen the crypto space, the price of DOGE held its ground as price defended its key support area of $0.05. DOGE’s price had struggled to replic...