Crucial fix for Dogecoin
Finally, after trials that Dogecoin community went through, great news arrive for the famous crypto. Finally, DOGE’s client is being fixed to prevent hacking and “unethical” mining. However, DOGE is not only famous for its shiba itsu image. Much more important is the charitable attitude of the community that surrounds the digital currency. Would that be helping out Jamaican bobsleigh team this year in Sochi or raising fifty thousand dollars for the water wells in Kenya. Nevertheless, generosity is not an excuse for hackers and thieves. Carefully executed DDoS attacks managed to undermine....
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Key Highlights. Dogecoin continued to struggle around the previous swing high of 51.7. It is currently moving lower as forecasted in one of the previous analyses and looks set for a break in the near term. A pullback in Dogecoin is hard to consider as a reversal sign, as most technical indicators are still favoring buyers and more upsides. There is a crucial breakout pattern formed on the hourly chart of Dogecoin, as there is a contracting triangle shaped, and waiting for a catalyst for the next move. As of writing, prices are around the triangle resistance trend line and buyers are trying....
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,....
Key Highlights. Dogecoin price looks like created a short-term top and may continue to move lower moving ahead. The highlighted resistance area at 41.0 Satoshis proved a crucial barrier and might push the price down. If sellers manage to break 38.0 Satoshis, then a move towards 36.0 Satoshis is possible in the near term. Dogecoin price failing to move above 41.0 Satoshis is a bearish sign and could ignite another round of selling if sellers step in. Downside Slide in Dogecoin Price. Dogecoin price had no relief, as there were no signs of bulls. On the other hand, there are a few signs on....
The contraction in Dogecoin channel has limited the price movement from 46.6 satoshis to 48.3 satoshis - much narrower than the previous range of 46.6-50 satoshis. I had discussed the possibility of the consolidation extending earlier because neither of the parties is willing to exert force. The current value of each Dogecoin is 47.9 satoshis. Analysis of the 240-minute Dogecoin/Bitcoin price chart supports my earlier view that the consolidation may prolong. Bollinger Bands - The latest price contraction has witnessed Bollinger Bands playing a crucial technical role. As is evident from the....
Dogecoin has unshackled itself from the tapering price range as it witnessed a massive collapse below the level of 50.8 satoshis to a low of roughly 43 satoshis. However, after much struggle, the cryptocurrency has managed to recoup major losses and is now worth 48.9 satoshis. Here, the 240-minute Dogecoin/BTC price chart has been technically analyzed to find new resistance and support levels. Price Structure - The frightening crash seen in Dogecoin as it failed to rise above the 20-4h simple moving average has seriously damaged the price structure. The cryptocurrency has been trying to....