Dogecoin Shows Bullish Bias As $0.12 Support Holds; Will $0.15 Be Breached?
DOGE’s price fails to rally high as the price continues to stall in its price movement despite the market looking green across boards. DOGE’s price continues to trend above key support as the price tries to build more strength to overcome this area of resistance that has held the price from rallying. DOGE’s price remains strong on the daily timeframes as the price trades below the 50 and 200 Exponential Moving Averages (EMA). The price of Dogecoin (DOGE) showed some good price action to the upside as the price has continued to hold above its key support zones, with....
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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....
Key Highlights. Dogecoin prices moved above 0 Satoshis as forecasted in one of the previous analyses. It looks like prices have topped in the short term and Dogecoin is setting up for a major correction. We were following a bullish trend for Dogecoin as the price continued to move higher. However, there was a sharp reaction around 80.0-85.0 Satoshis where sellers defended the upside successfully. Dogecoin has lost most of its gains and moved back towards an important support area of 60.0 Satoshis. It traded as low as 62.0 Satoshis, and might test 60.0 Satoshis in the short term. The....
Yesterday afternoon (European session close) we published an article highlighting the bullish bias we held in BTCUSD, and outlining a target of 239 flat. Throughout the US afternoon, and as markets closed for the evening, price reached this target. Having hit highs just ahead of 240, the bitcoin price corrected a few dollars, and now trades around 238.15. With this said, what are the levels to keep an eye on as we head into the European morning session on an intraday basis? Here is what you need to know. As the chart shows, we have got a couple of key levels of support to keep an eye on....
Dogecoin Price Key Highlights. Dogecoin price continued to move lower as anticipated in yesterday's post and looks poised for more losses. An important support area of 60.0 Satoshis was breached, which is acting as a resistance for buyers. A new bearish trend line is forming, which could act as a barrier if the price moves higher. Dogecoin price weakened Intraday, broke a major support area and looks poised for more declines in the short term. 60.0 Satoshis as Barrier. There was a downside continuation noted, as the price moved below a major support area of 60.0 Satoshis. The stated level....
The Dogecoin price dropped 2.05% against the BTC in over the last 24 hours, as Bitcoin continued to test its prevailing upside risk near 281; therefore maintaining its bullish bias. The Doge price is reacting inversely to Bitcoin's price behavior; and is therefore continuing on its prevailing bearish bias. Dogecoin Price 4H HITBTC Chart. As you can see in the chart above, the Dogecoin price has held a constant downward momentum for quite a time. Over the last 24 hours, the price succeeded to float above 49, while testing upside resistance near 52; therefore forming consolidation between....