Dogecoin Price Weekly Analysis - Can Buyers Gain Control?
Dogecoin Price Key Highlights. Dogecoin price continued to trade above an important support area of 52.5 Satoshis, which is a swing area. There is a bearish trend line formed on the hourly chart, which is acting as a minor resistance for buyers. Dogecoin price might move higher in the near term, as buyers successfully defended 52.5 Satoshis many times. 52.5 As a Support. The Dogecoin price continued to find bids around a major support area of 52.5 Satoshis. Sellers made several attempts recently to clear the stated level, but every time buyers managed to defend the downside. There is also....
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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....
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....
Key Highlights. Dogecoin continued to move lower as can be seen clearly on the daily chart. 5 satoshis is a major hurdle for Dogecoin where buyers might continue to struggle in the near term. The Daily Dogecoin/Bitcoin price chart suggests that sellers are in control, as Dogecoin moved lower to test 30 satoshis. It managed to find support and traded back higher, but found resistance around an important bearish trend line. There is a major cluster of hurdles formed at 39.5-40.8 satoshis, which is coinciding with the highlighted trend line. The Dogecoin price is also below the middle band of....
Key Highlights. It looks like there is no stopping the sellers, as the Dogecoin price continued to weaken Intraday. Yesterday's highlighted sell idea played well, as the price declined below 35.0. The hourly RSI is below the 50 level, signaling the fact that buyers are struggling to gain traction. Dogecoin price broke yesterday's low of 34.7 Satoshis to trade towards 30.0 Satohis which seems to be an important support area. What we can expect next? The Dogecoin price formed a new weekly low around 30.0 Satoshis, which represents a major support area and might ignite a corrective rally.....
Dogecoin Price Key Highlights. Dogecoin price struggling to gain pace, but there is a chance of it trading higher in the near term. There is a bullish trend line formed on the hourly chart, acting as a support for buyers. Buyers need to clear 60.0 Satoshis for more gains moving ahead. Dogecoin price struggling to hold the ground, but if buyers gain control, an upside move is likely. Trend Line Support. We highlighted recently that there was an upside break above 60.0 Satoshis, which represents a major pivot. However, the price dived one more time to close below the mentioned pivot area.....