Dogecoin Analyst Reveals Buying Opportunities At Lower Prices – Details
Dogecoin (DOGE) is currently trading at a pivotal level following a 17% retrace from its recent highs around $0.179. This pullback has brought DOGE to a significant demand zone, catching the attention of top analyst Daan, who recently shared a technical analysis identifying this level as an opportunity for accumulation. According to Daan, the current support zone could act as a launchpad if buying pressure intensifies, positioning DOGE for a potential rebound. However, the upcoming days are expected to bring heightened volatility and uncertainty, primarily due to the approaching US....
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Bitcoin has become too expensive to purchase following its wild run-up above $37,500 this Thursday. But the cryptocurrency still provides attractive buying opportunities with lower risk profiles. Investment consultants at TradingShot provided a fractal-based outlook of Bitcoin’s previous parabolic move in 2017 and the price corrections that appeared during the period. They spotted buying patterns around certain technical support levels—provided by a group of moving average waves—that sent prices to new highs after each retest. […]
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 is currently seeing reasonable upside following the Bitcoin recovery above $71,000. This has sent the whole crypto market into a state of euphoria, and the DOGE price has crossed the $0.16 resistance while at it. This bullish trend is expected to continue, as one analyst points out that Dogecoin has formed a bullish triangle […]
Key Highlights. Yesterday's idea that there can be more gains in Dogecoin, and buying dips is a good option worked as prices dipped and surged higher one more time. There is a major resistance building up around 77.5 Satoshis where buyers might struggle. Dogecoin continued to gain traction as buyers remain in control, but it would be really interesting to see how long the bullish trend can continue. 77.5 Satoshis as a Barrier. One more hurdle was cleared by Dogecoin buyers recently, as 71.7 Satoshis (Yesterday's high) was breached to set a new weekly high. There is a lot of bullish....