Dogecoin Price Technical Analysis - Buy Dips
Key Highlights. Dogecoin price managed to stay above 60.0 Satoshis where it found support on a number of occasions. There is a bullish trend line formed on the hourly chart, which is acting as a barrier for sellers. A few bearish signs are noted, which are providing mixed signals in the near term. Dogecoin price might trade higher moving ahead, as sellers failed to take it lower which escalates the chances of gain. What's next? There was an upside reaction recently in the Dogecoin price, as it traded above 74.0 Satoshis. However, buyers failed to maintain strength, which resulted in a....
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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....
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....
Dogecoin Price Key Highlights. Dogecoin price traded higher and cleared a major bearish trend line as highlighted in yesterday's analysis. The price traded towards a crucial resistance area of 67.0 Satoshis where it found sellers. The price is now back lower and trading near the broken resistance (now support) at 58.0. Dogecoin price spiked higher and cleared an important resistance area of 60.0 Satoshis to trade near 67.0 Satoshis. Buy Dips? There was an upside break noted in the Dogecoin price Intraday, as an important resistance area of 60.0 Satoshis was cleared. Moreover, the price....
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....