Dogecoin Price Technical Analysis - Continue Buying Dips
Key Highlights. Our this week's approach of buying Dogecoin has paid off very well, as the price surged higher every time it corrected lower. Yesterday's idea ofbuying dips once again was successful, as after minor correction Dogecoin price climbed to a new high. Buyers managed to clear Intraday high and advanced to set a new weekly high of 87.7 S. Dogecoin was up by around 6% Intraday, as sellers continued to struggle. More gains are possible as long as the bullish trend is intact. Trend Line Support and Buying Area. Dogecoin recent rally is pretty impressive, as the price continued to....
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Dogecoin Price Key Highlights. Dogecoin rocketed higher, and our buying dips idea worked as highlighted in yesterday's analysis. The dogecoin price surged higher and traded close to 90.0 Satoshis where sellers appeared. 100 MA continued to act as a pivot area for buyers and might help them to gain traction moving ahead. We forecasted yesterday that a reaction is likely around the 100 hourly MA, which did happen and took the dogecoin price higher. Can Sellers Overcome Pressure? Yesterday, we highlighted that there is a chance that Dogecoin price might find support around the 100 hourly....
Dogecoin Price Key Highlights. Dogecoin price surged higher one more time to retest the previous swing high as anticipated in yesterday's analysis. The price failed once again around 90.0 Satoshis, which raises the prospect of a double top pattern. 100 MA still holds the key for more losses in the near term. Buying Dogecoin on dips turned out to be a great plan, as the price traded higher after testing the 100 MA. Double Top Pattern. As mentioned and forecasted yesterday, there was an upside move in Dogecoin price after sellers failed to take the price below the 100 hourly MA. The price....
Ethereum price showed more positive signs, and traded higher. Can it continue to trade higher and can we buy more? Key Highlights. Ethereum price continued to trade higher against the US Dollar, and posted yet another break. Yesterday’s idea of buying dips in the ETH/USD pair worked, as it moved higher. There is a bullish trend line formed on the hourly chart (data feed via Kraken) of ETH/USD, which can be considered as a support area on the downside. Ethereum Price Buy. Ethereum price ETH regained traction against the US Dollar, as there were more upsides noted. The price broke a couple....
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....
Ethereum price surged above the $12.00 level, and it looks like ETH/USD bulls gained a lot of momentum. Can they continue to push prices higher? Key Highlights. Ethereum price continued to trade higher vs the US Dollar, and traded above the $12.00 level. Yesterday, I suggested buying dips may be a good deal, and it looks like it played well as the price moved higher. There is a now a bullish trend line formed on the hourly chart (data feed via Kraken) of ETH/USD, which may act as a pivot area in the short term. Ethereum Price Trend Line as Pivot Area. Ethereum price ETH surprised many....