The bulls are taking a breather for now, with Dogecoin back to trading just under $0.1050 and down about 2.0% on the day.
But Dogecoin’s technicals are still looking positive, with DOGE/USD still in an uptrend since the cryptocurrency’s double bottom in the $0.07s printed earlier this month.
The cryptocurrency is arguably in the process of forming an ascending triangle, with resistance currently in play in the upper $0.10/0.11 area.
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