Dogecoin Price Analysis: DOGE bulls light up the chamber for a 35% move
- Dogecoin recovery is gradual but consistent, as bulls stream back into the market.
- A symmetrical triangle pattern on the 4-hour chart hints at a 35% upswing to $0.07.
- A sell signal on the 4-hour chart could jeopardize the expected rally.
Dogecoin bulls are persistently pushing for recovery after the recent slump to $0.04. The liftoff from this support has not been drastic, but buyers are consistently returning to the market. Initially, resistance at $0.06 hindered recovery leading to a dive to $0.04. However, the uptrend has been renewed, and Dogecoin is getting closer to a massive upswing.
