Dogecoin prepares for the big pump

Apr 16, 2022

The price of dogecoin has fallen below the 200-day EMA since November 17,2021.Now the daily time frame,the Cup and Handle pattern as well as the Inverse Head and Shoulder pattern have been formed,both of which support the price increase.The GIOM model is an indicator that supports this uptrend.Based on this index,doge immediate resistance level is a weak barrier.The doge price is just a bit of a hassle just to cross the 0.15 $ to 0.20$ range.Here ,approximately 335000 addresses have bought 11,000,000,000 coins and are at a loss. Therefore,with the price entering this range,any retreat will be possible.