Dogecoin Price Analysis: DOGE battles key hurdles above $0.05 on Eion Musk’s tweets – FXStreet

• DOGE bulls struggle to overcome three-week-old resistance line, 21-day SMA.
• Eion Musk tweets, “Dojo 4 Doge”, raise doubts over BTC, ETH.
• Bearish MACD favors further consolidation of gains towards the key Fibonacci retracement levels.
• Bulls can eye $0.1000 beyond immediate resistance breakout.

Dogecoin retraces the initial spike to 0.0597 while easing to 0.0560 during the early Monday. Even so, the cryptocurrency pair stays near the key resistances on Tesla’s owner’s optimism for DOGE.
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