THELOGICALINDIAN - Dogecoin Price Key Highlights
Dogecoin amount could be in for added gains, as it fabricated a acceptable blemish from the descending trend line abutting its latest highs.
Technical indicators accept yet to affirm the dogecoin amount assemblage back the 100 SMA charcoal beneath the 200 SMA for now. This suggests that the blemish ability aloof be a above alteration from the antecedent slide.
Also, RSI is already in the overbought area, which agency that buyers ability already be exhausted. Stochastic is still pointing up, though, so affairs burden could break in play.
Further dogecoin amount assets accomplished the 50 Satoshis barrier could accommodate added acceptance that a abiding uptrend is underway. However, a move aback beneath the 45 Satoshis akin and trend band could appearance that the blemish was a apocryphal one.
For now it looks like the 200 SMA is still captivation as a activating barrier, as it had done so in the past. Reversal candlesticks about the accepted levels could arresting a move lower while a continued blooming candle accomplished the 50 Satoshis akin could abutment an uptrend.
Intraday abutment akin – 45 Satoshis
Intraday attrition akin – 50 Satoshis
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