Dogecoin Price at Major Crossroads

Dogecoin Price at Major Crossroads

Key Highlights. Dogecoin price declined recently and cleared a major support trend line, but it turned out to be a false break. A contracting triangle pattern is formed, which is likely to pave the way for a break in the near term. 100 hourly simple moving average is towards the upside, and acting as a hurdle for buyers. Dogecoin price declined, but the break was not real, which forced buyers to push the price back higher. Break Near? We have been following a couple of patterns this week, and were looking for a break in the Dogecoin price. There was a break yesterday, but sellers failed to....


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Dogecoin Price at Major Crossroads for Two Reasons

Dogecoin Price Key Highlights. Dogecoin price remained under the bearish pressure, but trading near a major resistance area. The price is at a major crossroads, as there lies a crucial barrier around 58.0 Satoshis for buyers to break. The price continued to trade below the 100 hourly simple moving average (SMA), which is a warning sign. Dogecoin price struggled recently to trade higher, as sellers remained in control and the 100 SMA acted as a hurdle. Sellers in Control. There was a solid downside move noted in the Dogecoin price, as there was a break below a triangle pattern formed on the....

Dogecoin Price at Major Crossroads for Two Reasons

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