Dogecoin Price Weekly Analysis - Choppy Price Action
Key Highlights. Dogecoin price continued to struggle to move in one particular direction, as there were many false breaks noted. 0-60.0 Satoshis remains a major support area for buyers which is likely to act as a pivot area moving ahead. Dogecoin price once spiked above 70.0 Satoshis and traded as high as 75.1 Satoshis, but failed to maintain gains. The Dogecoin price range traded for some time as there was a monster support area formed around 62.0 Satoshis. Buyers finally managed to take the price higher and cleared the range resistance area. However, they failed miserably to maintain....
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Dogecoin Price Key Highlights. Dogecoin price completed our double top pattern, and created a new low Intraday below 60.0. There was a sharp reaction upwards, which took the price above the last high of 67.0. There was a choppy price action noted, as there were many swing moves during the past couple of sessions. Dogecoin price traded in a rough fashion during the last couple of sessions, as can be seen in the attached chart. Choppy Price Action. There was a downside reaction noted in the Dogecoin price, as our highlighted double top pattern on the hourly chart worked. The price fell below....
Key Highlights. Dogecoin price continued to move inside a small range, as the market awaits a short-term break. On the topside, 71.0 Satoshis remains a major hurdle for buyers. Any weakness from the current levels might see buyers around the 100 hourly simple moving average. Dogecoin price was relatively muted, as there was really no action and movement during the past couple of sessions. Choppy Price Action. Dogecoin prices trading in a range with a choppy price action, which suggests that there is no real reason for either buyers or sellers for the next move. After a complete rejection....
Key Highlights. Dogecoin price continued to confuse traders and not willing to head in one particular direction. Buyers look like taking the price higher in the near term if they manage to take it above 80.0. Dogecoin price failing to move below 64.0 Satoshis is a warning sign and points to more gains moving ahead. There were a couple of spikes lower towards the 65.0-64.0 Satoshis this past week where buyers defended losses and pushed back higher. The price action was very choppy this past week, as there were a few lows formed, but no convincing follow through was noticed. There is a now a....
Here's a look at what we are focusing on in the bitcoin price this morning. Tuesday’s here, and as things turned out, we had a pretty interesting night’s worth of trading in the bitcoin price last night. Not because price moved considerably, or anything like that, but because we got some choppy action that fell in line with our breakout levels. Normally, choppy action is a real pain. It gets us into trades and then ends up taking them out again almost right away. That’s what stop losses are for, and it’s a pain but something we just have to accept. However, last night’s choppy action fell....
Serum (SRM) has struggled against tether (USDT) in recent weeks, rising above $0.8 as the price of Serum (SRM) remains range-bound. For weeks, the price of Bitcoin (BTC) fluctuated between $19,500 and $20,000, with the price stalling on the next movement. Most altcoins, including Serum, have been affected by this choppy movement (SRM). (Source: Binance) Related Reading: Polkadot Watch: Will DOT Succumb To Sharp Sell-off In Next Few Days? Serum (SRM) Price Analysis On The Weekly Chart The price of SRM has had difficulty replicating its recent bullish move, which saw the price rally to $3.5....