FX.co ★ Technical analysis of Dogecoin for November 9, 2022

We have seen the expected decline to support at 0.0876 and even a bit below that as we have seen a low at 0.0762 or the 78.6% corrective target. This should be enough to fulfill the corrective expectation and Dogecoin could start the next impulsive rally higher towards 0.1625 and 0.3500 as the next major upside targets. A break above minor resistance at 0.1120 will confirm that the correction has been completed and the rally higher to 0.1625 is unfolding,