Dogecoin's fate is currently dependent on the price level it is hovering around, as per analysts.
Two analysts, Cantonese Cat and ANBESSA, have aligned their short-term and high-time-frame road maps regarding Dogecoin.
Cantonese Cat focuses on a daily chart indicating a crucial price band between $0.1850 to $0.1950, while ANBESSA's analysis spans over a fifteen-month context with key Fibonacci retracement levels.
The next moves for Dogecoin will heavily rely on its ability to break certain resistance levels in the range of $0.20 to $0.30, with the outcome shaping the future trajectory of the cryptocurrency.