Dogecoin (DOGE) remains bullish above $0.09. eyes $0.15

• DOGE Price Remains Bullish as it Breaks Above $0.1 to Maintain Bullish Sentiment
• DOGE prices remain strong as the bulls dominate the market.Price Targets Rise Towards $0.15
• DOGE’s price is trading above the daily 50 and 200 exponential moving averages (EMAs).

Dogecoin (DOGE)’s price performance has been noteworthy, recently outperforming the likes of Ethereum (ETH) and Bitcoin (BTC).

On the higher timeframes, Dogecoin (DOGE) price looks strong and could be on an uptrend if the market remains optimistic.

Despite the bounce of relief and uncertainty surrounding the cryptocurrency market, the FTX debacle continues to act as a catalyst for the market to bottom out.

The domino effect from the FTX saga and other big investors has stalled the market as it has yet to make a big move, causing concerns about the direction of the market. (Data from Binance)

Dogecoin (DOGE) price analysis on weekly chart

Despite a bounce of relief across the market, with DOGE’s price rising from a weekly low of $0.08 to a high of $0.104, the cryptocurrency market remains uncertain and turbulent, with DOGE’s price has an impact on

With so much news about the imminent surrender of all crypto assets and FTX and other crypto projects struggling with bankruptcy, a bottom could come soon.

After a very strong rally from weekly lows of $0.08 to highs of $0.088, the DOGE price failed to break above $0.15 and fell below the critical area of ​​$0.09.

DOGE’s price looks bullish on the short timeframe, so if the market regains its relief bounce, the price could rise to a high of $0.15.

Weekly resistance against DOGE price – $0.15.

Weekly support for DOGE price – $0.09.

DOGE price analysis on a daily (1D) chart

The DOGE price remains fairly strong on the daily timeframe even after closing above $0.088. As the DOGE price seeks to break out of the $0.12 territory, further price rally to highs of $0.15 is likely.

The DOGE price is currently trading at $0.12 above the 50 and 200 EMAs, helping the DOGE price drop to $0.09.

If DOGE price sustains above the 38.2% Fibonacci level, DOGE price could rise further, indicating more buy orders and a bull market under control.

If the DOGE price does not reverse, the $0.11 area corresponds to 50% of the Fib value. Depending on market sentiment, the price may retest below $0.1.

DOGE price daily resistance – $0.12.

DOGE Price Daily Support – $0.09.

Featured Image From zipmex, Charts From Tradingview