Dogecoin Price Technical Analysis - Waiting For Break
Key Highlights. Dogecoin price continued to struggle to clear an important bearish trend line as highlighted in yesterday's post. 0 Satoshis is turning out to be a major barrier for buyers. Most technical indicators are pointing more gains in the short term. Dogecoin buyers continued to push the price higher, but failed to clear a critical barrier at 78.0 Satoshis. What's next? Dogecoin price is heading towards a major break if buyers succeed in taking it above a crucial bearish trend line on the hourly chart. The highlighted trend might turn out to be major factor in the short term, as....
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An absolute calm has engulfed Dogecoin as the price remains trapped in a tight range of 50.8-51.9 satoshis. The market is severely testing the patience of the short-term traders, who now fear that a surprise breakout could trigger huge losses. The market may be waiting for a trigger to break free but until that happens, it would only be wise to trade the range with minimum quantities. Dogecoin price chart, Dogecoin analysis. Nothing much has changed in the past 24 hours in terms of price (the current value of each Dogecoin is 51.1 satoshis) but the chart structure has definitely....
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 continued to consolidate in a range as highlighted yesterday and waiting for a break in the near term. 0 Satoshis is still a major support area which holds the key for the next move. On the upside, a break above 68.0 Satoshis is needed for buyers to take control. Dogecoin price looks set for the next move, but it needs a break either higher or lower to gain momentum. Upside Break? As mentioned in yesterday's post that the Dogecoin price spiked two time above 80.0 Satoshis, but failed to sustain gains and started a consolidation phase. There is a major support....
Dogecoin Price Key Highlights. Dogecoin price as mentioned yesterday formed a double top pattern near the last swing high of 67.0. We need to wait for a break in order for the price to move lower and retest 60.0. The price is attempting to close below the 100 hourly simple moving average, which is a negative sign for buyers. Dogecoin price formed a double top pattern recently, and if sellers gain control more losses are possible moving ahead. Double Top Formation. We highlighted in yesterday's analysis that the Dogecoin price formed a double top pattern on the hourly chart, as there were....
Dogecoin Price Key Highlights. Dogecoin price failed once again to break in one direction, and continued to trade in a range. 0 Satoshis on the downside and 68.0 Satoshis on the upside are range support and resistance areas. There are no signs of a break as the price continues to consolidate this week. Dogecoin price failure to break is a worrying sign, and points to a nasty move in the near term. Continuous Range Trading. We are waiting for a break for the last couple of days, but both sellers and buyers failed to take the price higher or lower. It leaves the price trading in a range, and....