Dogecoin Price Weekly Analysis –Continuous Bearish Moves
Dogecoin price struggled throughout this past week, and it looks like there is a chance of more losses towards the 55.0 Satoshis area. Intraday Support Level – 60.0 Satoshis. Intraday Resistance Level – 63.0 Satoshis. Dogecoin price made an attempt to trade higher this past week, but the downside pressure was such that sellers managed to take it down. There was a continuous downside moves which prevented the bulls to take the price higher. There is a bearish trend line formed on the hourly chart (data feed from HitBTC), which acted as a catalyst in the short term. The price is trading near....
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Dogecoin Price Key Highlights. Dogecoin price created a minor new low of 51.0 Satoshis, and managed to correct higher in the short term. As mentioned in the previous week's analysis, there is a significant resistance around the 100 hourly simple moving average. A break above it might ignite an upside reaction, taking the price higher moving ahead. Dogecoin price might trade higher if buyers manage to clear the 100 hourly MA and a bearish trend line. Break Feasible? There was a continuous rejection around the last swing low of 51.0 Satoshis, where sellers struggled to clear the mentioned....
Recently, the price of Dogecoin (DOGE), the largest meme coin by market cap, has struggled alongside the general cryptocurrency market. However, the latest price action displays an exciting and positive outlook for the cryptocurrency. Renowned crypto analyst Ali Martinez recently shared a fresh insight on Dogecoin, speculating on a forthcoming price rally for the meme token. The Dogecoin Descending Triangle Formation Ali Martinez – via a post on the X (formerly Twitter) platform – put forward a $1 price target for Dogecoin. This price projection revolves around the multi-year....
The price of Dogecoin (DOGE) has continued to remain strong against Tether (USDT) despite growing bearish market sentiment as other crypto assets continue to decline in price. Bitcoin has shown bearish signs after being rejected from $25,200, but the price of DOGE has continued to trend higher with eyes set on the $0.1 mark. Related Reading: Bitcoin And Ethereum Retrace Before Crypto Sentiment Could Reach “Greed” Dogecoin (DOGE) Price Analysis On The Weekly Chart From the chart, the price of DOGE saw a weekly low of $0.052, which bounced from that area and rallied to a price of $0.088....
Key Highlights. Dogecoin price continued to struggle to trade higher, as a major bearish trend line is protecting gains. 100 hourly moving average is still a major deciding factor for more gains as highlighted in yesterday's forecast. On the downside, 64.0 Satoshis remains a pivot area for sellers. Dogecoin price consolidating below the bearish trend line, as the chances of a break higher increase with each failure to move lower. What are the chances of a break? Dogecoin price continued to test a critical bearish trend line as highlighted in yesterday's analysis. There are at least 10....
Ethereum price is still bearish, and every correction may be a chance to sell ETH/USD. Can sellers push the price towards $7.00? Ethereum price ETH failed once again as forecasted and moved down. Yesterday, I highlighted that ETH/USD may move down once again and retest the $7.36 levels. The price did move down and I hope you all booked profits. There was a new low of $7.13 created for ether price, and there are chances of more declines in the near term. There seems to be no relief for ETH buyers, as there was a continuous bearish pressure noted in the price. Yesterday’s highlighted bearish....