DOGE Price Prediction – Dogecoin Below $0.14 Could Spark Larger Degree Drop
Dogecoin is struggling to rise above the $0.1650 resistance zone against the US Dollar. DOGE could decline heavily if it settles below the $0.140 support. DOGE is facing many hurdles near the $0.1650 and $0.170 levels against the US dollar. The price is trading below the $0.1620 level and the 100 simple moving average (4 hours). There is a major bearish trend line forming with resistance at $0.1620 on the 4-hour chart of the DOGE/USD pair (data source from Kraken). The price must settle above $0.170 to move into a positive zone and start a fresh surge. Dogecoin Price Signals Downturn After....
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Dogecoin price stabilized between 62 and 65 satoshis throughout the past week (2nd - 8th February). Dogecoin is continuing to prove that it is a rather stable cryptocurrency in the face of the high volatility of bitcoin. By studying the 1 day Hitbtc (Doge/BTC) from tradingview.com (look at the below chart), we can see that dogecoin price has been trading between 62 and 65 satoshis last week. The price is going away from the 52 satoshis support level as per our Fibonacci retracements that we plotted a couple of weeks ago as shown by an upwards sloping 10 day EMA on the 1 day charts (the....
The head and shoulders pattern emerging on Dogecoin charts suggests a lack of upside conviction among DOGE traders. The brief Dogecoin (DOGE) price rally last week following Tesla CEO Elon Musk's bid to buy Twitter appears to be fizzling out as DOGE closes the week over 8%. DOGE's price dropped to $0.142 on April 17, three days after peaking out locally at $0.149. The Dogecoin correction, albeit modest, raised its potential to trigger a classic bearish reversal pattern with an 85% success rate of reaching its downside target. DOGE price eyes drop under $0.10Dubbed head and shoulders (H&S),....
DOGE’s price shows strength as it continues its rally with eyes set on a high of $0.2. DOGE could rally more as the price creates more bullish bias by breaking out of a bullish continuation pattern with eyes set on rallying higher. DOGE’s price remains strong on all timeframes as price trades above the 50 and 200 Exponential Moving Averages (EMA). The price action displayed by Dogecoin (DOGE) in the past few days has been tremendous, as the price of Dogecoin (DOGE) has become a standout performer creating the euphoria of a bull market in the hearts of many. The price of....