Dogecoin price analysis: DOGE rejected at $0.204 for BITTREX: DOGEUSD by BernardMikhail1

Dogecoin price analysis: DOGE rejected at $0.204 for BITTREX: DOGEUSD by BernardMikhail1

The Dogecoin price analysis is bearish. Resistance is found at $0.208. Support is present at $0.204. The Dogecoin price analysis is bearish today. After the 26th November flash crash and hitting November’s low, DOGE recovered slowly for two days and again faced rejection at $0.207 today, which is already a quite lower price level for DOGE/USD. Overall, DOGE is on the decline from 29th October and has not been able to break out of the bearish cycle.

The broader cryptocurrency market has been bullish for the last 24 hours, along with Bitcoin and many altcoin‘s turning green reporting handsome profits. However, many coins are observing a reversal today, and even Bitcoin, after swinging high, has reverted back to some degree which may also turn negative in the coming hours.

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Bernard Mikhail

Bernard Mikhail

Bernard Mikhail is an instructor in peer-to-peer technology and a startup mentor. He is also Advisor to Intelligence Research Institutes. He blogs about Crypto