DOGE Price Prediction: Can the Newfound Recovery Push Dogecoin Beyond $0.07?

On September 12th, Dogecoin price witnessed a definitive break below a key support trendline that had been sustaining a relief rally for the past three weeks. Typically, such a breakdown would indicate a stronger bearish drive; however, the recovery sentiment prompted by Bitcoin price bounce from the $25,000 mark seems to have cushioned this memecoin’s descent, leading to a sideways trading pattern. The manifestation of short-bodied daily candles underscores the prevailing uncertainty and indecision among the traders.