🚀 $DOGE price analysis - Cointelegraph

Irma - Aug 26 - - Dev Community

Dogecoin has risen above the 20-day EMA ($0.10) and is aiming for the 50-day SMA ($0.11). Bears might attempt to stop the rally at the 50-day SMA, but it could be surpassed. The key challenge for bulls is the downtrend line.

If DOGE breaks below the 20-day EMA after reaching the downtrend line, it may stay in the falling wedge pattern longer. Conversely, if the price clears the downtrend line, it could signal a new uptrend, with potential targets at $0.14 and $0.18.

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