Dogecoin price analysis: DOGE to retest $0.260 resistance

TL;DR Breakdown Dogecoin price analysis suggests a return to the $0.260 markDOGE faces resistance at the $0.250 mark.The closest support level lies at the $0.240 level. The Dogecoin price analysis shows that since falling to the $0.2400 mark, DOGE has struggled in climbing above the $0.2600 mark and continued to oscillate between the two levels for the past four days. Today, the price fell to the support level but has bounced back and climbing towards the $0.250 mark while traders continue speculating.  The broader cryptocurrency market observes a bullish sentiment over the last 24-hours as most major cryptocurrencies record a positive change over the period. Major players include ADA and SOL that record a 15.22 and a 6.14 percent incline respectively.  Dogecoin price analysis: Price oscillates as speculation runs high Technical indicators for DOGE/USDT by Tradingview Across the technical indicators, the MACD is bullish as exhibited by the dark green histogram. However, the indicator shows low bullish momentum as the green histogram is very small at press time. The indicator exhibited a bullish crossover two days ago and has remained green since. However, despite that, the momentum has remained low as DOGE faced strong resistance in climbing above the $0.260 mark. The EMAs are currently below the mean and move along the x-axis. The 12-EMA is moving upwards but with a gentle slope while the 26-EMA continues horizonta...