DOGE rises 3% to $0.0848, but $0.09 resistance caps gains
- —DOGE rose 2.96% to $0.0848, volume at 141.53 million tokens
- —Since August, DOGE has traded in the $0.08–0.09 range after falling from $0.11 in May
- —To reach $0.10, the coin needs to gain about another 18%
- —A break above $0.09 would open targets of $0.176 and $0.279, according to analyst forecasts
Why it matters: Holding the $0.08 support and breaking $0.09 will determine whether DOGE has formed a base for a reversal or will continue consolidating.
Source: AMBCrypto