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Dogecoin: ⬇️ Sell
– Dogecoin reversed from resistance zone
– Likely to fall to support level 0.2000
Dogecoin cryptocurrency recently reversed down from the resistance zone between the key resistance level 0.2630 (former monthly low from December, acting as the resistance now), standing near the upper daily Bollinger Band.
This resistance zone wad further strengthened by the 38.2% Fibonacci correction of the previous sharp downward impulse from December.
Given the clear daily downtrend, Dogecoin cryptocurrency can be expected to fall to the next round support level 0.2000 (target price for the completion of the active correction ii).
Source: https://fxpro.news
