cryptofamily

🐶🐶🐶As the intraday recovery gains momentum, Dogecoin is hinting at a potential breakout above the 50-SMA line. This would increase the likelihood of Dogecoin closing above the long-standing resistance trendline.
Further supporting the chances of a breakout rally, the 4-hour RSI shows a bullish divergence between the last two bottom formations within the consolidation range.
If this breakout occurs, the next target will likely be the 200-SMA line, corresponding to the 61.80% Fibonacci level at $0.3913. On the other hand, if Dogecoin closes below the psychological $0.30 mark, it could test the immediate support zone at $0.2664.

Cryptogirl, addicted by design and marketing. 