DOGEUSDT DOGE Crypto Price April 5

DOGEUSDT

On April 3, Dogecoin saw a bounce off the 20-day EMA ($0.08), followed by a surge above the formidable resistance at $0.10. However, the long wick observed on the candlesticks of April 3 and 4 indicate that the bears are fiercely guarding the $0.10 level. On a positive note, the buyers have managed to hold their ground and have not retreated.

If the price manages to stay above $0.09, it could rally to $0.11, which is the last significant barrier for the bulls. A break above this level could potentially lead to a rally towards $0.16.

However, if the price falls from $0.11, it would signal that the bears are active at higher levels. This would result in the DOGE/USDT pair being trapped within a large range between $0.11 and $0.07 for some time.