Dogecoin Technical Analysis - More Upsides Potential
Key Highlights. Dogecoin spiked higher recently as buyers managed to clear the 100 hourly simple moving average. It also breached an important resistance around 51.6 Satoshis, which might act as a support moving ahead. Our highlighted triangle break in one of the previous analyses finally played its part and pushed prices higher. Dogecoin buyers enjoyed a decent run to take prices higher, as they managed to clear a couple of important hurdles including 51.6 Satoshis. The upside gained pace after the break, as Dogecoin traded as high as 53.0. The mentioned level represents March 2015 high,....
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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....
Key Highlights. As forecasted in yesterday's post, Dogecoin prices surged higher and traded above 70.0 Satoshis. Dogecoin enjoyed a huge rally as it was up by more than 8% in a single day. Dogecoin finally settled successfully above 60.0 Satoshis and marched higher to gain heavily Intraday, and it looks set for more upsides in the short term. What's next? Dogecoin buyers managed to clear yesterday's high around 60.8 Satoshis. After prices settled above the mentioned resistance, it gained pace and surged sharply by more than 8% to trade above 70.0 Satoshis. It traded as high as 71.7....
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....
Dogecoin Price Key Highlights. Dogecoin price broke a contracting triangle pattern formed on the hourly chart, as highlighted in yesterday's analysis. There was no major follow through after the break, but the price managed to settle above the 100 hourly MA. Dogecoin price moving higher is a positive sign, as anticipated due to continuous rejections around 52.5 Satoshis. More Upsides? The Dogecoin price after rejecting around the last swing low of 52.5 Satoshis many times traded higher. The contracting triangle pattern formed on the hourly chart was breached to clear the way for more....
Key Highlights. Dogecoin price finally broke higher as anticipated in one of the recent analyses and traded towards 76.0. 100 hourly moving average was also broken, which was a monster resistance. Looking ahead, the broken resistance at 70.0-72.0 Satoshis might now act as a support. Dogecoin price moving higher is a positive sign in the near term, but buyers need to maintain gains for more upsides. 70.0 As a Support. Dogecoin price surged higher and managed to settle above a monster triangle on the hourly chart as highlighted in yesterday's analysis. The price traded as high as 76.5....