26.07.2023 Dogecoin (DOGE) review

DOGE, which created a rising trend structure after pinning to $0.0628, is trading at $0.07890 as of 14:35 TSi as of writing.
DOGE, which has been in an upward trend for almost a month with the excitement created by Elon Musk and X, can retest $0.0816 and rise to $0.0846 and $0.90 if it can hold above $0.776.
However, another element as important as technique in this process will be fundamental analysis. DOGE investors can closely follow the moves of Elon Musk and X.
Events such as the cessation of the DOGE frenzy initiated by Elon Musk and X or the sharp drops in BTC will likely bring the DOGE price down.
In such a scenario, the points that can be followed as support for DOGE are respectively.
0.0776 – 0.0732 – 0.0700 – 0.0667 and 0.062 dollars.
Finally, the $0.060 level, where the uptrend has started, is of great importance. Failure to hold this level may carry the selling pressure in DOGE to a different dimension.
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