Dogecoin Price Technical Analysis - Bulls Eyeing a Break
Key Highlights. Finally, there was an upside move in Dogecoin, as prices breached 60.0 Satoshis. The biggest question is whether buyers can manage a daily close above 60.0 Satoshis or not. Dogecoin buyers managed to take prices a few points higher above the all-important 60 Satoshis, and it looks like they might take it further above 61.0. Can it break higher? Dogecoin price moved above 60.0 Satoshis recently, but there was no follow through after the break. It traded as high as 60.8 before moving back lower. However, there are a few positive signs emerging on the hourly chart of Dogecoin,....
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The Dogecoin price is gearing up for a significant break out to new upsides, as a crypto market expert shares a key technical analysis to support this prediction. The analyst believes that Dogecoin can skyrocket to $0.65 if it can maintain key support levels and avoid a further price breakdown. Dogecoin Price Set For $0.65 […]
Key Highlights. Dogecoin price continues to find bids around an important support area of 52.6. A crucial contracting triangle pattern is formed on the hourly chart, which might ignite a break moving ahead. Buyers are attempting for a break, and if they succeed we might witness gains in the near term. Dogecoin price is eyeing a break moving ahead with resistance around 54.0-5 Satoshis and support near 53.0 Satoshis. Triangle Break. The Dogecoin price recently traded close to the 52.5 Satoshis support area where buyers appeared to defend more downsides. Sellers tried many times to clear the....
Technical analysis shows that Dogecoin is looking to break out from a key structure zone near $0.26, which could cause a change in market momentum. This technical outlook comes amidst a bearish week for DOGE, which has seen it breaking below support levels and erasing its gains throughout January. According to a technical analysis of […]
Dogecoin Price Key Highlights. Dogecoin price did indicate further downside momentum, as predicted in an earlier technical analysis write-up on the consolidation pattern repeating itself. With the downside break, more sellers could hop in the ongoing downtrend and push dogecoin price to new lows. Dogecoin price confirmed the buildup in bearish pressure with a strong downside break below the consolidation pattern on its 1-hour chart. Where To Next? Price has broken below the previous lows in October 21, hinting that bears are unstoppable at this point. Stochastic and RSI are both on the....
Dogecoin has leapt a massive 8% today disrespecting the resistance level of 50 to be trading at 50.8 satoshis. I have been maintaining in earlier analyses that a major move was expected in Dogecoin as the week comes to a close. The bears have given away the slight advantage that they had over the bulls and the onus is now completely on bulls to tighten their grip. Taking a technical look at the 240-minute Dogecoin/BTC price chart above reveals that the upmove has been backed by strength and that maintaining this bullish momentum will be the key to see a further rise in the market cap of....