Dogecoin Price Technical Analysis- Monstrous Ride
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....
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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....
Key Highlights. Dogecoin price after a solid bullish ride failed around 80.0 Satoshis, which turned out to be a monster hurdle for buyers. A major selling interest was noted around the mentioned area, as the price dipped below 65.0. Sellers might remain active for a while, as there looks like a lot of bearish pressure on Dogecoin. Dogecoin price failure to trade above 80.0 Satoshis is a critical bearish sign, suggesting how important the resistance is for buyers in the near term. Monstrous decline. Dogecoin price as mentioned failed around 80.0, and traded lower. The downside reaction was....
Bitcoin price after a monstrous ride corrected lower towards $650 against the USD. It looks like the BTC/USD is positioning for another move higher. Key Points. Bitcoin price jaw dropped back towards $650 after a solid ride towards the $750 level. There is a crucial bullish trend line formed on the 4-hours chart (data feed from SimpleFX) of BTC/USD, which is acting as a support zone. The 100 simple moving average is also on the downside, acting as a barrier for sellers. Bitcoin Price Buy Dips? I mentioned in my last weekly analysis that Bitcoin price remains in an uptrend against the US....
Dogecoin has undergone a massive correction of roughly 10% in the past 24 hours, with the price nose-diving from 49.8 satoshis to 45.1 satoshis. As a result of this fall, Dogecoin has neared the floor of 43 satoshis, which if cracked, could lead to a severe collapse in the price. But, will it? Let us find out with the help of technical analysis below. Technical analysis implemented on the 240-minute Dogecoin/Bitcoin price chart reveals that bears are pouncing on every opportunity to jettison Dogecoin en masse. The support of 43 satoshis may well give way to a lower ground, if bulls....