Dogecoin Price Technical Analysis (2nd Feb - 8th Feb) - Doge Is All About Stability

Dogecoin Price Technical Analysis (2nd Feb - 8th Feb) - Doge Is All About Stability

Dogecoin price stabilized between 62 and 65 satoshis throughout the past week (2nd - 8th February). Dogecoin is continuing to prove that it is a rather stable cryptocurrency in the face of the high volatility of bitcoin. By studying the 1 day Hitbtc (Doge/BTC) from tradingview.com (look at the below chart), we can see that dogecoin price has been trading between 62 and 65 satoshis last week. The price is going away from the 52 satoshis support level as per our Fibonacci retracements that we plotted a couple of weeks ago as shown by an upwards sloping 10 day EMA on the 1 day charts (the....


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