Dogecoin Price Setting Up For Another Leg Lower?
Key Highlights. Dogecoin price corrected higher Intraday, but found resistance near a major pivot area of 35.0-36.0 Satoshis. A likely short-term top is formed on the hourly chart (price feed from HitBTC), calling for a retest of the last low. The hourly RSI is strongly bearish and may encourage sellers take to take the price lower in the near term. Dogecoin price likely completed a short-term correction, and it may dive down one more time to trade near the last swing low of 32.0 Satoshis. 35.0 Satoshis Resistance Proved Worth. Yesterday, we stated that there is a monster resistance....
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Dogecoin Price Key Highlights. Dogecoin price traded lower and tested 42.0 Satoshis which can be seen as a short term support area. The hourly RSI is below the 50 level, i.e. a negative sign and might push the price further lower. There is a lot of bearish pressure noted on the Dogecoin price, which might increase with time. Dogecoin price struggling to gain momentum, which increases the risk of it moving lower in the near term. What's next? There was a downslide in the Dogecoin price recently, which took it below the all-important 50.0 Satoshis. The price traded as low as 42.0 Satoshis,....
Key Highlights. Another attempt to pierce 70.0 Satoshis failed, as Dogecoin price continues to consolidate. Buyers look like setting up for a rally as all major indicators point more gains. A 4-hours close above 70.0 Satoshis might be a catalyst for an upside move. Dogecoin resiliency was surprising, which increases the chance of it trading higher in the near term. Trend Line Support. Dogecoin price recently traded a touch higher above 70.0 Satoshis to trade as high as 71.8 Satoshis where it struggled. The price moved back lower and currently trading around an important bullish trend line....
Key Highlights. Dogecoin price continued to consolidate in an important range of 41.0 Satoshis - 36.0 Satoshis. A monster barrier at 41.0 Satoshis is preventing gains and not letting buyers take control. The price is around 100 hourly simple moving average (price feed from HitBTC), which is acting as a hurdle for an upside move. Dogecoin price looks like consolidating below 41.0 Satoshis, and setting up for the next leg that can be either higher or lower. 100 MA as Resistance for Dogecoin Price. Dogecoin price continued to stay below a major resistance area near 41.0 Satoshis, and it looks....
Dogecoin Price Key Highlights. Dogecoin price stayed in a range, but it looks like the price might head lower in the near term. Sellers are making an attempt to break the range low, if it is cleared more losses are likely. 0 Satoshis is a major support area, which must hold if buyers have to prevent the downside. Dogecoin price is at risk of a break lower, as buyers seem to be struggling to prevent the downside. Downside Break. The Dogecoin price stayed in a range throughout this past week, which prevented moves in one particular direction. However, it looks like sellers might be able to....
The Dogecoin price is currently bouncing off the lower border of a Falling Wedge pattern, signaling the potential for a strong upward momentum. A crypto analyst has explained that if the cryptocurrency can break above this boundary, it could reach several new bullish targets soon. Dogecoin Price Next Bullish Targets Dogecoin is showing signs of […]