Dogecoin on the rise as it breaks resistance levels!

– Dogecoin is currently approaching the 50-day Exponential Moving Average resistance line, which has the potential to act as a barrier between descending and ascending trends.
– In the event of a breakthrough, Dogecoin will be set for a strong recovery rally despite already gaining over 40% to its value in the last seven days.
– Dogecoin’s “competitor” Shiba Inu has also shown quite a strong performance on the cryptocurrency market by showing a 50% gain in the last five days.
– SHIB also broke through the 21-day Exponential Moving Average resistance line and is now consolidating at the 50-day EMA, which Dogecoin is only yet to reach in the upcoming days.

 

 

21027 Dogecoin on the rise as it breaks resistance levels!
Dogecoin on the rise as it breaks resistance levels! 2

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