On Thursday, the meme-based Dogecoin recovered from a support level of $0.19 and tested resistance at $0.23. The meme-based coin also broke through the descending upper trend line, bringing it closer to $0.25. In its drive for rebound, Cardano is up against strong resistance at the 50-day Simple Moving Average (SMA), at least to $2.5 in the short term. When the smart contract token briefly fell below $2, it put the green band to the test.