Disclaimer: The datasets shared in the following article have been compiled from a set of online resources and do not reflect AMBCrypto’s own research on the subject.
Dogecoin (DOGE) has traded within a range between $0.08 and $0.099 for six weeks, since mid-January. The price was close to the lows of the range at the time of writing, trading at $0.07557.
Read Price Prediction for Dogecoin [DOGE] for 2023-24 The $0.078-$0.08 zone has offered steady support over the past month. It offered a good risk-to-reward buying opportunity, with a clear invalidation on a daily close below $0.078.
Hence, aggressive traders can consider buying Dogecoin at these levels. For the greater part of 2022, DOGE/USD performed poorly except for when Elon Musk acquired Twitter.
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