Dogecoin Price Analysis for 2/3/15 - DOGE Price Slides Post Bitcoin Rally
[Note: All the price figures are counted in Satoshi]. After testing 743 as its new peak last month, the Dogecoin price appears to be on a constant downtrend, while waiting for a breakout. And in over the last 24 hours, the prevailing long-term bearish trend has further bolstered with the sudden Bitcoin rally towards $266. The DOGE/BTC lost some money there, probably due to the increase in demand of Bitcoins. In the process, the pair retested December 2014's low around 517, and bounced back towards north a little. As you can notice the technicalities further in above the 4H HitBTC charts,....
Related News
After breaking out from its long-range channel movement, DOGE’s price shows much strength but has struggled recently. DOGE suffers more sell-off as price loses steam to rally higher, falling to its key support for bulls to push price up. DOGE’s price remains strong on the daily timeframes as the price trades above the 50 and 200 Exponential Moving Averages (EMA). Dogecoin (DOGE) price recently showed some great price action as the price rallied to a high of $0.15, gaining over 150% within 7 days. Still, the price has failed to live up to the expectations and hype it....
DOGE’s price shows strength as it bounces from a downtrend range with high volume, aiming for a rally to $0.1. DOGE faces a major test to trend higher above $0.1 after the price broke out of its long-range price movement. DOGE’s price remains strong above the 50 Exponential Moving Average (EMA) as it attempts to rally past a key area of $0.1. The price of Dogecoin (DOGE) has remained strong after breaking out of its long-range with good volume as it aims to capture the region of $0.1. The crypto market has appeared more stable this week, with Bitcoin (BTC) and Ethereum (ETH)....
DOGE’s price shows strength as it bounces from a downtrend range as price rallied to a high of $0.085 with eyes set on $0.1. DOGE could rally more if the price breaks and closes above $0.1 with good volume, as the price of DOGE looks bullish now. DOGE’s price remains strong on the daily timeframe above the 50 and 200 Exponential Moving Averages (EMA) as the price aims for more rallies. The price of Dogecoin (DOGE) has been one of the standout performers during the past few days, gaining the attention of many traders with the news of Elon Musk finalizing the ownership of....
Crypto analyst Ali Martinez predicted that the Dogecoin price could rally significantly, leading to double figures for DOGE. This comes as the crypto market continues to trend upward, with Dogecoin standing out as one of the top gainers. Dogecoin Price To Explode And Reach $18 In an X post, Martinez predicted that the Dogecoin price could explode by 4,500% and rally to $18. He stated that this will happen through a test of the middle or upper boundary of the channel, which puts the DOGE target at $2.40 or $18. Dogecoin will need to test the upper boundary to reach the $18 target, while....
DOGE’s price needs to stay above $0.1 for the price to have a chance to rally high to a region of $0.15. DOGE’s price continues to trend above key support of $0.1 as the hopes of rallying higher continue to dwindle. DOGE’s price remains strong, holding key support on the daily timeframes as the price trades above the 50 and 200 Exponential Moving Averages (EMA). Previous weeks saw the price of Dogecoin (DOGE) rally with so much bullish sentiment creating more euphoria for a bull run as the price of Dogecoin (DOGE) rallied with over 150% gain in less than 7 days as many....