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Key Highlights. Dogecoin managed to clear a major resistance of 46.9 Satoshis to trade close to 50.0 Satoshis. A pullback from the current levels (49.9 Satoshis) might be seen as a buying opportunity. The technical indicators such as MACD and RSI are pointing towards more gains in Dogecoin after it breached 49.6 Satoshis. The hourly chart of Dogecoin/Bitcoin shows that sellers struggled to keep prices lower, and as a result it tested an important area of 50.0 Satoshis. As can be seen from the chart that the price settled above 46.9 Satoshis, and heading towards the last swing high of 50.6....
Key Highlights. The Dogecoin price after a minor correction found resistance around 40.0 Satoshis and is currently trading in a tiny range. The price feed from IO clearly suggest that there is a chance of the price heading towards 45.0 Satoshis. There is also a bullish trend line formed on the hourly chart, which is likely to act as a catalyst for the price. Dogecoin price might clear 40.0 Satoshis in the near term and trade towards the next barrier i.e. 45.0 Satoshis. 5 Waves Up? There was some relief for the Dogecoin price recently, as the bulls managed to take the price higher towards....
Key Highlights. Dogecoin price after spiking twice above 80.0 Satoshis started a consolidation phase. 0 Satoshis is acting as a major support area for buyers and might hold for some time. There is a chance of a double top pattern formation, but it might need some seller's strength for a move lower. Dogecoin price might continue to consolidate for some time as there is a monster support building around 64.0-62.0 Satoshis. What's next? There were nasty moves in Dogecoin price, as it spiked more than two time above 80.0 Satoshis, but failed to sustain gains. It is the same reason for which....
Dogecoin price is trading with a positive tone. However, there is a crucial resistance building near 75.0 Satoshis where buyers may struggle. Intraday Support Level can be 66.0 Satoshis. Intraday Resistance Level may be 75.0 Satoshis. Dogecoin price after dipping close to the 54.0 Satoshis found support and started to move higher. There was a major resistance formed near a bearish trend line formed on the 4-hours chart (data feed from HitBTC). The highlighted trend line was coinciding with the 50% Fib retracement level of the last drop from the 79.2 Satoshis high to 54.1 Satoshis low.....
Speaking of Bitcoin in India, LocalBitcoins saw an increase in volume last week. If there is one thing India’s banknote ban has taught us, it is how the plan did not work. Swapping the most widely used currency for new bills was an attempt to remove “black money” from circulation. But it turns out most banknotes have been swapped successfully. Either there is no significant amount of black money in the cash economy, or the bad actors moved wealth into other assets. In the end, it appears this cash swap serves no real purpose. One of the more pressing questions is whether or not India’s....