Dogecoin Price Weekly Analysis – Can Buyers Make It?

Dogecoin Price Key Highlights. Dogecoin price continued to trade above an important support area of 52.5 Satoshis, which is a swing area. There is a bearish trend line formed on the hourly chart, which is acting as a minor resistance for buyers. Dogecoin price might move higher in the near term, as buyers successfully defended 52.5 Satoshis many times. 52.5 As a Support. The Dogecoin price continued to find bids around a major support area of 52.5 Satoshis. Sellers made several attempts recently to clear the stated level, but every time buyers managed to defend the downside. There is also....

Key Highlights. Dogecoin continued to move lower as can be seen clearly on the daily chart. 5 satoshis is a major hurdle for Dogecoin where buyers might continue to struggle in the near term. The Daily Dogecoin/Bitcoin price chart suggests that sellers are in control, as Dogecoin moved lower to test 30 satoshis. It managed to find support and traded back higher, but found resistance around an important bearish trend line. There is a major cluster of hurdles formed at 39.5-40.8 satoshis, which is coinciding with the highlighted trend line. The Dogecoin price is also below the middle band of....

Dogecoin Price Key Highlights. Dogecoin price after trading as low as 51.3 Satoshis traded higher, but struggling to clear a major resistance area. There lies a significant resistance around the 100 hourly simple moving average acting as a hurdle for buyers. A break above it is needed if buyers have to take the price higher in the near term. Dogecoin price struggle continued, as the 100 hourly MA is acting as a barrier for more gains. Can Buyers make it? We highlighted in yesterday's post that the Dogecoin price managed to find support near 51.3 Satoshis. It is now making an attempt to....

Dogecoin Price Key Highlights. Dogecoin price after completing our highlighted double top pattern moved lower and created a new low Intraday below 58.0. There were many spikes noted on the upside and downside which leaves the price in a range. It looks like both buyers and sellers are in action, which is causing a lot of swing moves. Dogecoin price moved lower during this past week, but buyers managed to defend sharp losses and pushed it back higher. Trend Line Support Area. As highlighted in this past week's analysis, there was a major downside reaction noted in the Dogecoin price. There....

Key Highlights. Dogecoin price declined sharply this past week, and struggled to gain bids. A new low was formed around 52.6 Satoshis where sellers failed and buyers took control. 100 hourly simple moving average continued to act as a pivot zone for buyers and sellers. Dogecoin price after a sharp decline towards 52.6 Satoshis is making an attempt to trade higher in the short term. Trend Line Break? There was adownside reaction this past week in the Dogecoin price, as it moved towards the 52.6 Satoshis support area. Currently, buyers are making an attempt to take the price higher in the....