Dogecoin Price Surges, Technical Outlook Suggests Further Uptrend
Dogecoin price has risen substantially over the past day. In that timeframe, the coin’s value had appreciated by double digits. Over the last week, Dogecoin price logged a 12% gain, proving that the coin has rallied recently. The coin has been one of the top gainers on the chart, along with Ethereum, as both coins secured double-digit gains. The meme-coin has secured a monthly high at this price level. Dogecoin price finally broke through their consolidation and passed through their resistance, converting it into a support line. The technical outlook for the coin has turned bullish....
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Dogecoin Price Key Highlights. Dogecoin price has been trading below a long-term descending trend line for quite some time, but reversal signals are showing up. Price made a sharp upside breakout, hinting that the downtrend might already be over and that it's time for buyers to take charge. Dogecoin price could be in for more gains, as it made a convincing breakout from the descending trend line connecting its latest highs. Waiting for Technical Confirmation. Technical indicators have yet to confirm the dogecoin price rally since the 100 SMA remains below the 200 SMA for now. This suggests....
Dogecoin Price Key Highlights. Dogecoin price did indicate further downside momentum, as predicted in an earlier technical analysis write-up on the consolidation pattern repeating itself. With the downside break, more sellers could hop in the ongoing downtrend and push dogecoin price to new lows. Dogecoin price confirmed the buildup in bearish pressure with a strong downside break below the consolidation pattern on its 1-hour chart. Where To Next? Price has broken below the previous lows in October 21, hinting that bears are unstoppable at this point. Stochastic and RSI are both on the....
Shibes everywhere should "much rejoice," because the Dogecoin price is having an impressive run. After falling as low as ninth in total market cap during summer 2014, Dogecoin has roared back to life with a massive price increase that shows signs of permanence. The Dogecoin price has experienced double-digit percentage increases several times throughout the last month-including this week. CCN analyzes this altcoin price swing to help traders make informed investing decisions. Dogecoin Price Increases 23% in 24 Hours. The Dogecoin price has been in a sustained uptrend throughout the month....
Key Highlights. Dogecoin managed to climb slowly above 50 Satoshis, but upsides were limited as it settled around 51.6. 100 simple moving average is a major support on the downside, and might prevent losses in the near term. The hourly chart of Dogecoin suggests that it is in an uptrend and might continue to trade higher if buyers manage to clear 51.6 Satoshis. There was a major resistance around 50.0, as highlighted in one of the recent technical analyses. Buyers managed to clear the mentioned resistance area, but the move higher was not convincing. There was a consolidation pattern....
Dogecoin (DOGE) remains a notable outlier in the cryptocurrency market, as it struggles to replicate the impressive price surges seen in other digital assets. However, all hope is not lost. Despite its lackluster performance, market expert Ali Martinez has offered a glimmer of hope for DOGE enthusiasts. Martinez’s technical analysis, based on the TD Sequential indicator, has signaled a potential uptrend for Dogecoin. However, investors should approach these predictions with caution, as the market’s volatility remains a significant factor. #Dogecoin appears ready to start a new....