Dogecoin Price Technical Analysis - Upside Break

Dogecoin Price Technical Analysis - Upside Break

Dogecoin price Key Highlights. Dogecoin price struggled to clear a major resistance around 60.0 Satoshis earlier, but now there is a break noted. As mentioned in yesterday's analysis, a break above 60.0 Satoshis might ignite an upside reaction, which is exactly what happened. The next level of selling interest could be seen around 64.0 Satoshis where sellers might appear. Dogecoin price managed to clear an important resistance around 60.0 Satoshis, which has opened the doors for more upsides. More Gains? We highlighted recently that price is facing a major barrier around 60.0 Satoshis, as....


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Dogecoin Price Technical Analysis - What's Next?

Key Highlights. Dogecoin price continued to consolidate in a range as highlighted yesterday and waiting for a break in the near term. 0 Satoshis is still a major support area which holds the key for the next move. On the upside, a break above 68.0 Satoshis is needed for buyers to take control. Dogecoin price looks set for the next move, but it needs a break either higher or lower to gain momentum. Upside Break? As mentioned in yesterday's post that the Dogecoin price spiked two time above 80.0 Satoshis, but failed to sustain gains and started a consolidation phase. There is a major support....

Dogecoin Price Technical Analysis - Upside Break and Reversal

Dogecoin Price Key Highlights. Dogecoin price traded higher and cleared a major bearish trend line as highlighted in yesterday's analysis. The price traded towards a crucial resistance area of 67.0 Satoshis where it found sellers. The price is now back lower and trading near the broken resistance (now support) at 58.0. Dogecoin price spiked higher and cleared an important resistance area of 60.0 Satoshis to trade near 67.0 Satoshis. Buy Dips? There was an upside break noted in the Dogecoin price Intraday, as an important resistance area of 60.0 Satoshis was cleared. Moreover, the price....

Dogecoin Price Analysis for 23/11/2015 - Upside Thrust Likely?

Key Highlights. Dogecoin price is trading near a major resistance area of 40.0 Satoshis, as buyers eye a break. The price is following a support trend line on the hourly chart, which may push the price to higher levels moving ahead. A break above 40.5-40.9 Satoshis is needed for an upside move towards 44-45.0 Satoshis. Dogecoin price looks poised for an upside move likely towards 45.0 Satoshis, if sellers fail to defend the 41.0 Satoshis resistance area. Dogecoin Price Hurdled By Resistance at 41.0 Satoshis: There were a few positive signs witnessed last week throughout Dogecoin's charts,....

Dogecoin Price Technical Analysis - Extremely Tight

Key Highlights. Dogecoin price struggle continued, as buyers failed to take the price above 80.0. On the downside, the last swing low of 71.8 Satoshis is a major barrier for sellers. Most technical indicators signaling more losses, but none of them is convincing enough. Dogecoin price action was very tricky during this past week, as every technical indicator/signal was not as per trader's expectation. 100 MA as a catalyst. Dogecoin buyers managed to take the price higher on many occasions, but they failed to break a critical resistance area around 78.0-80.0 Satoshis. There is a bearish....

Dogecoin Price Technical Analysis - Continuous Risk of Weakness

Dogecoin Price Key Highlights. Dogecoin price remained weak and stayed below an important pivot area of 50.0 Satoshis. As long as the price is below the mentioned area, more losses cannot be discarded moving ahead. There are many hurdles on the way up for buyers, so they might struggle to take the price higher. Dogecoin price is trading below 50.0 Satoshis and it is likely that it might head further lower in the short term. Break below 46.0 Satoshis? As we know that the Dogecoin price moved lower this week, and even traded below a very crucial support area of 50.0 Satoshis, Due to this,....