Dogecoin Price Analysis: DOGE retests $0.30 as support, targets $0.33 next?

TL;DR Breakdown Dogecoin price analysis is bullish for today.DOGE/USD rallied higher yesterday.DOGE saw a quick spike lower to $0.30. Dogecoin price analysis is bullish today as the market saw a quick spike lower to retest the $0.30 mark. Since further downside was heavily rejected, we expect DOGE/USD to move higher over the next 24 hours and try to reach the $0.33 resistance next. Cryptocurrency heat map. Source: Coin360 The cryptocurrency market traded with a slight bullish momentum over the last 24 hours. Bitcoin is up by 2/.46 percent, while Ethereum remained almost flat, with a small gain of 0.03 percent. Meanwhile, Solana (SOL) is the best performer, with a gain of 15.71 percent. Dogecoin price movement in the last 24 hours: Dogecoin retests $0.30 as support after a rally yesterday DOGE/USD traded in a range of $0.3005 – $0.3198, indicating mild volatility over the last 24 hours. Trading volume has increased by 39.71 percent and totals $2.83 billion, while the total market cap trades around $40.12 billion, ranking the coin in 8th place overall. DOGE/USD 4-hour chart: DOGE targets $0.33 next? On the 4-hour chart, we can see the Dogecoin price preparing for a rally as any further downside was rejected above $0.30. DOGE/USD 4-hour chart. Source: TradingView Dogecoin price has struggled to see further upside over the past weeks. After rallying to $0.35 last month, a strong retracement followed on the 17th of Augus...