Dogecoin Breaks Falling Wedge Resistance at $0.09
Dogecoin has broken through its daily falling wedge resistance at $0.09, marking a significant reversal in the cryptocurrency's price trend.
This breakthrough comes as the 4-hour EMA50 holds strong and MACD confirms a golden cross for bullish continuation, indicating a potential upward momentum.
The analysis suggests that Dogecoin has ended months of selling pressure with this break above descending resistance on the daily chart, and price is now holding at $0.09 with EMA50 providing concrete support at the same level and EMA200 at $0.08.