Dogecoin Price Technical Analysis – Downside Momentum Resumes
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Dogecoin Price Technical Analysis – Downside Momentum Resumes

THELOGICALINDIAN - Dogecoin Price Key highlights

Dogecoin amount is resuming its downside momentum, which ability accretion absorption on a breach of the antecedent lows at 47.7 Satoshis.

For now, dogecoin amount is award abutment about 47.7 Satoshis or the antecedent lows. A breach beneath this concise alliance arrangement could draw added sellers in and activation added declines.

The longer-term declivity arresting on the 4-hour blueprint is still actual abundant intact, alike with a accessible animation aback up to the near-term attrition at 50 Satoshis. However, a ascend accomplished the longer-term affective boilerplate could advance that either a ample alteration or a changeabout is underway.

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A beyond pullback to 53 Satoshis about the 200 SMA and antecedent abutment breadth ability still materialize, although academic and RSI are both on the move bottomward and advertence a auto in affairs momentum. If so, dogecoin amount could arch to new lows about 45 Satoshis or abundant lower.

Intraday support – 47.7 Satoshis

Intraday resistance – 50-53 Satoshis