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Doge: 200 SMA will be tested

COINBASE:DOGEUSD   Dogecoin
It appears that Doge is approaching a potential test of the 200 Simple Moving Average (SMA) in the near future, currently positioned at 0.72 at the time of this writing. Presently, the prevailing market conditions lean towards a bearish sentiment. Should the 200 SMA prove to be a robust support level, there is potential for a price resurgence towards 0.74. Conversely, a breach of this SMA could lead to a potential decline to 0.66. NFA

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