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Benzinga
Benzinga
Business
Khyathi Dalal

Dogecoin Stuck At $0.20: Why Is It Not Moving?

Dogecoin,Doge,Isolated,On,White,Background,With,Clipping,Path

Dogecoin (CRYPTO: DOGE) is clinging to the $0.20 level, with analysts pointing to upcoming macro events as potential catalysts for a breakout.

What Happened: Prominent analyst Kevin noted DOGE continues to defend the 0.5 Fibonacci retracement ($0.1904) and weekly 100 EMA, keeping its 7-month rising channel intact.

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