DOGE price prediction: Rebound lacks subsequent support, possibly initiating a new round of fall?
According to Gate, recently, the price of DOGE (Dogecoin) synchronized with Bitcoin and Ether, starting a rebound above the 0.1450 USD area. DOGE successfully broke through the resistance levels of 0.1550 USD and 0.160 USD, with long positions even pushing the price above 0.1650 USD at one point, forming a peak at 0.1699 USD. However, DOGE is currently consolidating above the 23.6% Fibonacci retracement level between the low of 0.1572 USD and the high of 0.1699 USD, and the market is closely watching whether it can maintain this upward momentum or face a new round of falls.