Dogecoin Price Is Ready To Launch 100%+ With This Swing Move
The recent Dogecoin price correction threatened to send it crashing back below $0.2. But with momentum holding up nicely during this time, bulls have been able to maintain major support above this level. If this support continues to hold, then it could serve as the bounce-off point for the next wave of bullish momentum. Dogecoin […]
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The Dogecoin price could be gearing up for a strong bullish move, as a crypto analyst has identified a recurring pattern in the meme coin’s movements. This optimistic outlook on Dogecoin’s future trajectory comes after the meme coin experienced a severe price crash of over 46%, pushing it to new lows. Dogecoin Price Gets Ready […]
Dogecoin Price Key Highlights. Dogecoin price after failing around an important resistance area of 58.3-4 Satoshis traded lower and even tested the last swing low. There was a sharp downside move yesterday, as the price even breached the last swing low of 52.5. Dogecoin price continued to struggle, and as a result there was a new low established below 52.5 Satoshis. 100 MA as Resistance. As mentioned in yesterday's post, after the Dogecoin price failed to trade above the last swing high of 58.3 Satoshis, it traded lower and cleared a couple of support trend lines on the hourly chart.....
Key Highlights. Dogecoin price moved lower and tested the last swing low of 36.5 Satoshis as forecasted in yesterday's post. The price even traded below the mentioned level as sellers succeeded in breaking it to form a new low of 34.7 Satoshis. The price is still under the bearish pressure, and the idea to sell rallies look like a good deal. Dogecoin price formed a new low below 35.0 Satohis, as the bearish pressure overwhelmed buyers who failed to take the price higher. Selling Rallies a Good Idea? The Dogecoin price continued to move lower as there was a lot of bearish pressure as....
Key Highlights. Dogecoin's price was seen attempting to recover some ground during this past week, but a major trend line on the daily timeframe chart (data feed from CEX. IO) prevented gains. It looks like the price may head lower once again, as there is a lot of bearish pressure. A move towards the last swing low of 30 satoshis is possible if sellers remain in control. Dogecoin's price is facing a tough resistance on the upside, which positions the price for more losses in the near term. Trend Line as Hurdle. This past week, there was a corrective phase in Dogecoin prices, but it faced....
Key Highlights. Dogecoin continued to struggle around the previous swing high of 51.7. It is currently moving lower as forecasted in one of the previous analyses and looks set for a break in the near term. A pullback in Dogecoin is hard to consider as a reversal sign, as most technical indicators are still favoring buyers and more upsides. There is a crucial breakout pattern formed on the hourly chart of Dogecoin, as there is a contracting triangle shaped, and waiting for a catalyst for the next move. As of writing, prices are around the triangle resistance trend line and buyers are trying....