THELOGICALINDIAN - Dogecoin Price Key Highlights
Dogecoin amount is retracing to the broken support abreast the 0.000120 akin and may be accessible to resume its bead soon.
At the moment, dogecoin amount is retesting the burst abutment abreast the 38.2% Fibonacci retracement level. This is in band with the 200 SMA, which is aloft the concise 100 SMA and advertence that the selloff is acceptable to resume after on.
However, a college pullback ability still be accessible if traders are booking profits off their contempo abbreviate positions. Dogecoin price could cull up until the 0.000125 akin aloof accomplished the 61.8% Fib, which ability be the band in the beach for any corrections.
Stochastic is pointing down, which agency that bearish drive is still in comedy and that sellers ability be done demography a break. RSI is additionally starting to about-face lower, potentially cartoon added bears to the mix.
Price could bead aback to the antecedent lows or actualize new ones, depending on how able affairs drive gets.
Intraday abutment level – 0.000110
Intraday attrition level – 0.000125
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