Dogecoin appears to be unrelenting around the $0.1400 level, as the meme coin holds its position above the long-prevailing descending channel .

Earlier this week, DOGE retested the $0.1650 resistance but failed to secure its momentum amid a mass outflow of investors into safer assets. Nonetheless, the tenth-largest cryptocurrency remains with a mild bullish sentiment, as it holds above the daily 100 EMA , my preferred trend identifier. I expect a bullish slowdown across the market over the weekend, giving DOGE bulls a window to close a candle above the $0.1650 mark.

Meanwhile, my resistance levels are $0.1500, $0.1650, and $0.1700, and my support levels are $0.1300, $0.1200, and $0.1100.

Total Market Capitalization: $1.78 trillion

Dogecoin Market Capitalization: $18.6 billion

Dogecoin Dominance: 1.04%

Market Rank: #10