Dogecoin Gets Back To $0.18<\/h2>\n
Dogecoin<\/a> failed to settle below the important support level at $0.1650 and rebounded towards $0.18 while Bitcoin returned back above the key $30,000 level.<\/p>\n Yesterday, Bitcoin <\/a>made a serious attempt to settle below the psychologically important support level at $30,000 which put pressure on the whole crypto market.<\/p>\n It looks that Bitcoin\u2019s recent downside move attracted enough buyers who wanted to bet that the world\u2019s leading cryptocurrency would fail to settle below $30,000, so Bitcoin managed to rebound.<\/p>\n Dogecoin and other coins are rebounding faster than Bitcoin. Ethereum<\/a> is currently trying to get to the test of the $1900 level while XRP<\/a> is trying to get above $0.55.<\/p>\n If Bitcoin continues its rebound, Dogecoin and other cryptocurrencies will get more support. In my opinion, they will have a good chance to develop additional upside momentum in this scenario as speculative traders would rush to buy the \u201cfailed breakout\u201d.<\/p>\nTechnical Analysis<\/h2>\n