Dogecoin Price Technical Analysis - Springs up; More Upsides Possible?
Dogecoin price managed to pop a few points higher Intraday, and traded above a major bearish trend line formed on the hourly chart (data feed from HitBTC). Buyers also succeeded in taking the price above the 100 hourly simple moving average, which is a bullish sign and may encourage buyers to take the price further higher. The price traded as high as 31.9 Satoshis and retreated back. However, the broken trend line is currently acting as a support for the price along with the 100 MA. Furthermore, the 50% Fib retracement level of the last wave from the 28.6 Satoshis low to 31.9 Satoshis....
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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 […]
Dogecoin Price Key Highlights. Dogecoin price broke a contracting triangle pattern formed on the hourly chart, as highlighted in yesterday's analysis. There was no major follow through after the break, but the price managed to settle above the 100 hourly MA. Dogecoin price moving higher is a positive sign, as anticipated due to continuous rejections around 52.5 Satoshis. More Upsides? The Dogecoin price after rejecting around the last swing low of 52.5 Satoshis many times traded higher. The contracting triangle pattern formed on the hourly chart was breached to clear the way for more....
Dogecoin price Key Highlights. Dogecoin price struggled to clear a major resistance around 60.0 Satoshis earlier, but now there is a break noted. As mentioned in yesterday's analysis, a break above 60.0 Satoshis might ignite an upside reaction, which is exactly what happened. The next level of selling interest could be seen around 64.0 Satoshis where sellers might appear. Dogecoin price managed to clear an important resistance around 60.0 Satoshis, which has opened the doors for more upsides. More Gains? We highlighted recently that price is facing a major barrier around 60.0 Satoshis, as....
Key Highlights. Dogecoin price finally broke higher as anticipated in one of the recent analyses and traded towards 76.0. 100 hourly moving average was also broken, which was a monster resistance. Looking ahead, the broken resistance at 70.0-72.0 Satoshis might now act as a support. Dogecoin price moving higher is a positive sign in the near term, but buyers need to maintain gains for more upsides. 70.0 As a Support. Dogecoin price surged higher and managed to settle above a monster triangle on the hourly chart as highlighted in yesterday's analysis. The price traded as high as 76.5....
Technical analysis shows that Dogecoin is looking to break out from a key structure zone near $0.26, which could cause a change in market momentum. This technical outlook comes amidst a bearish week for DOGE, which has seen it breaking below support levels and erasing its gains throughout January. According to a technical analysis of […]