Dogecoin Price Technical Analysis - Poised for Higher High
Dogecoin Price Key Highlights. Dogecoin price after clearing a major resistance around 60.0 Satoshis traded higher, but struggling to retain the bullish bias. A support trend line is formed on the hourly chart, i.e. acting as a barrier for sellers in the near term. The price is above the 100 hourly simple moving average, which is a positive sign for buyers. Dogecoin price continues to gain bids, but it looks like they might struggle in the near term as sellers start to step in. Trend line support. We recently highlighted a trend line on the hourly chart, which is playing well to help....
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Dogecoin Price Key Highlights. Dogecoin price continued to move lower as anticipated in yesterday's post and looks poised for more losses. An important support area of 60.0 Satoshis was breached, which is acting as a resistance for buyers. A new bearish trend line is forming, which could act as a barrier if the price moves higher. Dogecoin price weakened Intraday, broke a major support area and looks poised for more declines in the short term. 60.0 Satoshis as Barrier. There was a downside continuation noted, as the price moved below a major support area of 60.0 Satoshis. The stated level....
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....
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 after breaking a couple of important resistance area, as anticipated in one of our previous week's posts. The price traded towards the last swing high of 58.4 Satoshis, which prevented any further gains. Dogecoin price climbed higher and tested our long-awaited target of a buy call, and looks set for a correction moving ahead. A correction underway? The Dogecoin price rocketed higher recently and cleared a couple of important resistance levels, including a bearish trend line on the hourly chart and the 38.2% Fib retracement level....
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....