According to CryptoPotato, Dogecoin's price is on the verge of moving higher, but it is currently being held back by key resistance levels. Sellers remain defiant, keeping the price below the crucial 21 cents resistance level. However, pressure is building beneath this level, and it may soon break as buyers increase their efforts.
Momentum and volume are in favor of the bulls, with buyers dominating the chart in recent days and no signs of this changing. The 21 cents resistance could fall at any moment if buy volume spikes. The daily Moving Average Convergence Divergence (MACD) is also making higher highs on the histogram, indicating a clear bullish bias and demonstrating that buyers are in control, even if the key resistance remains stubborn for now. This suggests that a significant move may be in the making for Dogecoin.