Analysts warned! Dogecoin will reach this level
Dogecoin has been affected by Twitter and analysts warn what it to come.
Although Bitcoin tested the levels of $ 27,200 with the news flows yesterday, it shows activity at $ 28,080 this morning with the rapid recovery. Bitcoin, which is active in the ascending channel, continues to support the positive activity of being in the channel again by wicking it to the lower band of the channel with the decline experienced yesterday. For Bitcoin, which started the day with a green candle, $28285 appears as the first important resistance level in the continuation of the upward movement. If this level is broken and sustained above $29.185, then an increase to $29.350 can be observed.
Doge and Bitcoin have been affected
In a possible downward move, $27,685, the lower band of the channel, appears as the first important support level. If this level is broken, $27,520 and then $26,760 levels can be expected to act as support. With yesterday's rise, the Doge broke both the 200-day average and the bearish major trend, showing an increase of around 37%. Starting the new day with a green candle, Doge shows activity at $ 0.09837 this morning.
If the possible upward movement continues, it can be expected to test the $0.10035 level that it tested yesterday and today. It will be important to break this level and ensure its permanence. It could then support a rally to the $0.11204 levels last seen in December 2022.
In case of a possible pullback, $0.09212 is the first support level. If this level is broken, the very critical level of $0.08728, which is the falling major trend line, can be tested.
