Dogecoin: ⬇️ Sell
– Dogecoin reversed from the resistance area
– Likely to fall to support level 0.2400
Dogecoin cryptocurrency recently reversed from the resistance area between the resistance levels 0.2750 (former monthly high from July), 0.3000 and the upper daily Bollinger Band.
This resistance area was strengthened by the upper daily Bollinger Band and by the 61.8% Fibonacci correction of the previous sharp downward impulse from January.
Given the predominantly bearish sentiment across the crypto markets today, Dogecoin cryptocurrency can be expected to fall to the next support level 0.2400.
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