Dogecoin Price Weekly Analysis - Bullish Attempt?
Key Highlights. Dogecoin price declined sharply this past week, and struggled to gain bids. A new low was formed around 52.6 Satoshis where sellers failed and buyers took control. 100 hourly simple moving average continued to act as a pivot zone for buyers and sellers. Dogecoin price after a sharp decline towards 52.6 Satoshis is making an attempt to trade higher in the short term. Trend Line Break? There was adownside reaction this past week in the Dogecoin price, as it moved towards the 52.6 Satoshis support area. Currently, buyers are making an attempt to take the price higher in the....
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The price of Dogecoin (DOGE) has continued to remain strong against Tether (USDT) despite growing bearish market sentiment as other crypto assets continue to decline in price. Bitcoin has shown bearish signs after being rejected from $25,200, but the price of DOGE has continued to trend higher with eyes set on the $0.1 mark. Related Reading: Bitcoin And Ethereum Retrace Before Crypto Sentiment Could Reach “Greed” Dogecoin (DOGE) Price Analysis On The Weekly Chart From the chart, the price of DOGE saw a weekly low of $0.052, which bounced from that area and rallied to a price of $0.088....
Key Highlights. The Dogecoin price after a minor correction found resistance around 40.0 Satoshis and is currently trading in a tiny range. The price feed from IO clearly suggest that there is a chance of the price heading towards 45.0 Satoshis. There is also a bullish trend line formed on the hourly chart, which is likely to act as a catalyst for the price. Dogecoin price might clear 40.0 Satoshis in the near term and trade towards the next barrier i.e. 45.0 Satoshis. 5 Waves Up? There was some relief for the Dogecoin price recently, as the bulls managed to take the price higher towards....
Dogecoin Price Key Highlights. Dogecoin price moved lower and broken an important support area around 42.0 Satoshis. A bullish trend line and support area was breached to open the doors for more losses. 0 Satoshis might now act as a resistance, as the 100 hourly simple moving average is also positioned around the stated level. Dogecoin price is under the bearish pressure as sellers managed to take the price below a critical support area. Importance of 100 MA. As highlighted in the weekly analysis there were some signs of relief for the Dogecoin price, but that did not last forever. There....
Key Highlights. Yesterday's idea that there can be more gains in Dogecoin, and buying dips is a good option worked as prices dipped and surged higher one more time. There is a major resistance building up around 77.5 Satoshis where buyers might struggle. Dogecoin continued to gain traction as buyers remain in control, but it would be really interesting to see how long the bullish trend can continue. 77.5 Satoshis as a Barrier. One more hurdle was cleared by Dogecoin buyers recently, as 71.7 Satoshis (Yesterday's high) was breached to set a new weekly high. There is a lot of bullish....
The Dogecoin price surged near 1.5% against the BTC during the March 11th trading session, thereby establish smaller bullish corrections in an already bearishly-biased market. The market however continues to face strong upside risks that, if tested, could really pulldown price back to invalidate the currency near-term bull sentiment. Following is the elaboration of this theory. As you can notice the DOGE/BTC 4H Chart above, sponsored by Trading View, the Dogecoin price has clearly formed new higher highs in order to test the 61.8% retracement - aligning with 54. Just after that, you could....