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Should Dogecoin buyers wait for a breakout past this psychological level before bidding?

From ambcrypto.com

Bitcoin [BTC] continued to trade beneath the $23k mark. While it hasn’t retested the $22.3k support zone, it hasn’t broken above $24.2k either. This phase of consolidation has given many altcoins room to make gains. Dogecoin [DOGE] has made steady gains in the past two weeks. It formed a series of higher lows and has a bullish market structure on the daily timeframe. Yet, the buyers have faced stern resistance near the $0.1 mark. The bearish order block has resisted DOGE bulls’ attempts since late January: {chart} Just beneath the $0.1 psychologically significant level lay a bearish order block on the daily timeframe ... (full story)

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  • Category: Technical Analysis