Dogecoin Uptrend Intact? Expert Analysis Sparks Bullish Buzz
Dogecoin’s price rebounded to $0.186 after declining from $0.185 to $0.15 earlier in the week. The rebound is evidence of buyers coming in on lower prices, a sign some market observers view as continued strength for the meme cryptocurrency. Related Reading: Code Wars: Cardano Claims The Crown From Ethereum In Core Development Analysts Monitor Long-Term Pattern Formation As far as analyst Steph is Crypto is concerned, Dogecoin still tracks what they refer to as a “Legendary trend-line” that extends between three significant price lows over several years. That support line....
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Bitcoin price gave up ground to the dollar on Friday but buyers soon returned at a key area of interest. Bitcoin Price Key Highlights. Bitcoin price sold off quickly on Friday but bulls were waiting to charge at the rising trend line. Price could resume its climb from here as technical indicators on the 1-hour time frame suggest that the uptrend could stay intact. A return in bullish pressure could push bitcoin up to the recent highs near $730 or higher. Technical Indicators Signals. The 100 SMA is above the longer-term 200 SMA on this time frame so the path of least resistance is still to....
Dogecoin is holding firm above major support at $0.22 despite repeated threats to break below in the just concluded week. Amidst these fluctuations, an interesting technical indicator suggests that Dogecoin’s long-term rally is still intact. This technical indicator’s outlook was pointed out by crypto analyst Trader Tardigrade, who used the Gaussian Channel, a popular momentum tool, as evidence that Dogecoin’s bullish momentum is still in play despite the current selling pressures. Related Reading: Dogecoin Whales Go On A 110-Million Memecoin Buying Spree—What’s Next For DOGE?....
In the ongoing bull market cycle, Dogecoin has seen considerable upward movements reaching the $0.48 mark. Even though the dog-themed meme coin has since dropped to the $0.25 price level, it is likely to witness another bullish run, which could push DOGE to a new all-time high in this cycle. Major Uptrend For Dogecoin Draws […]
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....
Ethereum price moved above $10, which was a major hurdle. Moving ahead, more gains are likely as the uptrend seems to be intact. Intraday Support Level can be $9.80. Intraday Resistance Level may be $10.50. Ethereum price surprised many traders, but our view of buying it played out well. I even mentioned that there is a chance of it testing the $10 handle. The price did trade higher and broke the $10 handle. I was anticipating some selling pressure near the stated level, but that did not happen. The price continued to move higher and traded as high as $10.48. There is now a bullish trend....