Dogecoin (DOGE) Eyes Potential 10% Upswing If This Level Breaks

Dogecoin, the ninth largest cryptocurrency by market capitalization, has been engaged in range trading in recent months.
In the previous week, Dogecoin’s price broke through the $0.067 barrier at the MA 50 to advance to the upper portion of the range.
Bulls were unable to sustain the move, leaving Dogecoin caught between its daily moving averages of 50 and 200, which currently stand at $0.067 and $0.076, respectively.
At the time of writing, DOGE was down 2.10% in the last 24 hours at $0.069. On the upside, the critical barrier for Dogecoin to overcome is the $0.075 level close to the MA 200.
A climb above this point may aim for the $0.085 level up ahead, which would imply a 10% increase from there. Furthermore, sustained bullish activity might push Dogecoin to highs of $0.094 and even $0.104.
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