Dogecoin Downward Wave Nears End—Is The Market Preparing For A Fresh Reversal?
Dogecoin’s recent decline may be nearing exhaustion as the price edges toward a crucial support zone. With the downward wave showing signs of completion, market watchers are now eyeing a potential shift in momentum that could spark the next bullish reversal. Price Channel Near Completion: One Key Level Left To Break After examining the Dogecoin (DOGE) 30-minute chart, the Elliott Waves Academy updated its outlook to confirm a period of strong selling pressure. Technical analysis clearly indicates that the DOGE/USD pair is nearing the completion of a defined price channel pattern, with only....
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Dogecoin started a recovery wave above the $0.240 zone against the US Dollar. DOGE is now consolidating and might face hurdles near $0.270. DOGE price started a recovery wave above the $0.2350 and $0.2420 levels. The price is trading below the $0.2780 level and the 100-hourly simple moving average. There is a major bearish trend line forming with resistance at $0.260 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could start another increase if it clears the $0.260 and $0.270 resistance levels. Dogecoin Price Faces Resistance Dogecoin price started a fresh....
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Dogecoin started a fresh decline below the $0.270 zone against the US Dollar. DOGE is now consolidating and might face hurdles near $0.2550. DOGE price started a fresh decline below the $0.270 and $0.260 levels. The price is trading below the $0.260 level and the 100-hourly simple moving average. There is a connecting bearish trend line forming with resistance at $0.2560 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could start another increase if it clears the $0.2560 and $0.2600 resistance levels. Dogecoin Price Faces Resistance Dogecoin price started a....
Dogecoin started a fresh decline below the $0.2550 zone against the US Dollar. DOGE is now correcting some losses and might face hurdles near $0.2550. DOGE price started a fresh decline below the $0.250 level. The price is trading below the $0.2540 level and the 100-hourly simple moving average. There is a bearish trend line forming with resistance at $0.2540 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could extend losses if it stays below $0.2550 and $0.260. Dogecoin Price Attempts Recovery Dogecoin price started a fresh decline after it closed below....
Dogecoin started a fresh decline below the $0.250 zone against the US Dollar. DOGE is now consolidating and might dip further if it stays below $0.2550. DOGE price started a fresh decline below the $0.250 level. The price is trading below the $0.250 level and the 100-hourly simple moving average. There is a bearish trend line forming with resistance at $0.2450 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could extend losses if there is a move below $0.230. Dogecoin Price Turns Red Dogecoin price started a fresh decline after it closed below $0.2550, like....