Dogecoin Price Momentum Oscillator Just Had Its 3rd Crossover After 2017 And ...
Dogecoin is still yet to recoup its price decline from last week, which saw it breaking below $0.3. Nonetheless, a key technical signal has emerged on DOGE’s price chart that could send the meme coin on a bullish path for the rest of the year. According to crypto analyst KrissPax, who highlighted this key technical […]
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The Dogecoin price looks set to witness a significant explosion to the upside based on a recent analysis by crypto analyst Trader Tardigrade. The analyst revealed a bullish pattern that could send Dogecoin to as high as $5. Dogecoin Price Set To Explode To As High As $5 In an X post, Trader Tardigrade predicted […]
LUNA’s price still risks correcting, however, with a weakening RSI and decreasing trading volume. A technical setup that preceded an 80% price rally in the Terra (LUNA) market in August 2021 has appeared again.LUNA paints bullish MACD crossoverThe technical setup involves a so-called “signal line crossover” between LUNA’s weekly MACD line — equal to the difference between the token’s 12-week and 26-week moving averages (MA) — and the nine-week MA called the signal line, plotted above the zero line, as shown in the chart below.LUNA/USD weekly MACD illustration. Source: TradingViewTogether,....
Dogecoin has seen a slowdown in momentum with price crashes that have plagued the market. Things like transaction count metrics have shown that Dogecoin may be slowing down as the asset loses more o its value. Bitcoinist reported in September that the transaction count of Dogecoin had dropped to levels not seen since 2017. On-chain […]
Dogecoin price ranged between 58 and 62 satoshis throughout yesterday's trading sessions. Although today the price dropped to 56 satoshis, it recorded a high exceeding 63 satoshis before falling again to 58 satoshis at the time of writing of this article. By observing the 1 day (DOGE/BTC) chart from tradingview.com and plotting the On-Balance Volume (OBV) oscillator (look at the below chart), we can notice the following: Since the 25th of January, dogecoin price has been trading between 56 and 66 satoshis as shown by the trend lines on the below chart. The OBV oscillator curve is sloping....
Bitcoin price is still in an uptrend, as the ascending channel support on the 4-hour time frame is holding. The 100 SMA is above the 200 SMA so the path of least resistance is still to the upside. This means that bitcoin price could be able to climb back to the top of the range near the $430 level or much higher. However, if a downward crossover is seen, sellers may take over and push for a break below the channel support at $415. RSI is still on middle ground, barely providing strong directional clues for now. Stochastic is heading north so price could follow suit. This indicates that....