Dogecoin (DOGE) is encountering resistance at 50% Fibonacci retracement at $0.1420 and is now retracing towards a weekly support level.
Dogecoin price sets for a rally following retest of support level Dogecoin is encountering resistance at 50% Fibonacci retracement at $0.1420 and is now retracing towards a weekly support level. At the time of writing, DOGE decreases by 2.3% to $0.1363 on Tuesday. On-chain data indicating increased development activity suggests a potential bullish trend ahead for DOGE. Mt.Gox transfers $2.85 billion in Bitcoin , what to expect from BRC-20, cat-themed meme coins Bankrupt crypto exchange Mt.
This transfer has raised concerns among BTC traders since it could translate to selling pressure on the largest crypto asset by market capitalization. Crypto: Tactical retreat from the peak The cryptocurrency market lost 2% of its capitalisation in 24 hours to $2.41 trillion. However, this is a pullback from a high base. This tug-of-war between bulls and bears points to the importance of the current situation.
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