Dogecoin Price Technical Analysis – Support Turned Resistance?
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Dogecoin Price Technical Analysis – Support Turned Resistance?

THELOGICALINDIAN - Dogecoin Price Key Highlights

Dogecoin amount could amend to the 50% Fibonacci level, which coincides with the bottomward trend band and breadth of interest.

The 100 SMA appears to be captivation as a activating attrition breadth for now back it is abutting to the 38.2% Fibonacci retracement level. A college pullback could aftermost until the 50% Fib, which is abutting to the 200 SMA. The 100 SMA is still beneath the 200 SMA and affective abundant lower, suggesting that bearish burden is acrimonious up.

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Stochastic and RSI are still branch up, which suggests that there is a bit of affairs drive larboard for a college pullback. The band in the beach is at the 61.8% Fib or the 44 Satoshis level, with an upside blemish advertence that a changeabout is underway.

Once the oscillators alpha bridge lower, bears could jump in and acquiesce the actuation beachcomber to resume, potentially blame dogecoin amount to the antecedent lows at 36 Satoshis.

Intraday abutment level – 36 Satoshis

Intraday attrition level – 44 Satoshis

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