LASTEST DOGECOIN TA for trading opportunity ๐Ÿš€๐Ÿ”ฅ

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In the daily chart, the MACD histogram has been ticking bullishly higher for the past three days and the MACD lines are also bullishly crossed. At the same time, the RSI is not giving any bullish or bearish signals. The EMAs, on the other hand, show a death cross, which confirms the trend bearish in the short to medium term.

Moreover, the DOGE price is in a parallel downward channel since the price was rejected bearishly at the 0.382 Fib resistance at around USD 0.0664. Thus, the next significant resistance now awaits at the 50 day EMA at around USD 0.0639, provided the DOGE price bullishly breaks out of the parallel upward channel.