Dogecoin rose to 0.166 USD after a 6% increase in 24 hours, aligning with a broader recovery in the cryptocurrency market. The golden cross on the hourly chart signals possible upward momentum, contrasted by bearish indications on the daily chart.
The price consolidation between 0.129 USD and 0.205 USD indicates mixed sentiment among traders. Key resistance levels are at 0.181 USD and 0.257 USD, while support is found at 0.142 USD and 0.129 USD. The recent release of Libdogecoin may further influence Dogecoin’s adoption.
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