- Written by: Mark Brennan
- Wed, 26 Jul 2023
- United States
Amid the stunning one-week rise in the value of Dogecoin, a renowned expert has shared some critical support and resistance levels to watch. Dogecoin, the largest memecoin by market cap, stays among the top trending crypto assets on CoinMarketCap. While Bitcoin and other large-cap altcoins continue to plummet, the dog-themed cryptocurrency boasts a double-digit gain […] The post Top Strategist Shares Key Support and Resistance Levels For Dogecoin as the Asset Trends first appeared on The Crypto Basic.
Top Strategist Shares Key Support and Resistance Levels For Dogecoin as the Asset Trends
Amid the stunning one-week rise in the value of Dogecoin, a renowned expert has shared some critical support and resistance levels to watch .
Dogecoin, the largest memecoin by market cap, stays among the top trending crypto assets on CoinMarketCap. While Bitcoin and other large-cap altcoins continue to plummet, the dog-themed cryptocurrency boasts a double-digit gain in the past seven days.
As investor interest in DOGE continues to soar, Ali Martinez took to Twitter today to disclose some critical supports and resistances traders should watch. The crypto market watcher further highlighted the rising accumulation of Dogecoin by several whale addresses.
Key Dogecoin Supports and Resistances
A previous report by The Crypto Basic shows that Martinez has been keenly watching the Dogecoin market. This time, the top crypto strategist noted that traders should watch the $0.070 – $0.076 level on the DOGE/USDT chart, dubbing this range the most crucial support zone for Dogecoin.
On the other hand, the analyst submitted that the bears are firmly stationed at the $0.083 and $0.088 price levels to take profits off DOGE. These highlighted levels may be seen clearly on the lower timeframe charts.
...