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Dogecoin – Daily Tech Analysis –June 15th, 2021

by capitalizefinancial
June 15, 2021
in Cryptocurrency
0
Dogecoin – Daily Tech Analysis –June 15th, 2021

Dogecoin rose by 1.11% on Monday. Following a 6.20% rally on Sunday, Dogecoin ended the day at $0.3275.

A bearish morning saw Dogecoin fall to a mid-day intraday low $0.3199 before making a move.

Steering clear of the first major support level at $0.3110, Dogecoin rallied to a late afternoon intraday high $0.3375.

Dogecoin broke through the first major resistance level at $0.3335 before a slide back to sub-$0.3210 levels.

Finding late support, however, Dogecoin move back through to $0.327 levels to deliver the upside on the day.

At the time of writing, Dogecoin was up by 0.23% to $0.3282. A mixed start to the day saw Dogecoin fall to an early morning low $0.3263 before rising to a high $0.3306.

Dogecoin left the major support and resistance levels untested early on.

Dogecoin would need to move back through the $0.3283 pivot to bring the first major resistance level at $0.3367 into play.

Support from the broader market would be needed, however, for Dogecoin to break back through to $0.33 levels.

Barring an extended crypto rally, the first major resistance level and Monday’s high $0.3375 would likely cap any upside.

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