THELOGICALINDIAN - Dogecoin Price Key Highlights
Dogecoin amount popped college and fabricated one added attack to break higher, but failed.
As we mentioned abounding times that the abutment breadth of 50.0 Satoshis is aloft breadth for buyers and as continued as the amount is aloft it, there is a adventitious of added gains. Yesterday, we accent two trend lines. One on the upside and addition on the downside about 50.0 Satoshis. On the upside, the bearish trend band is acting as a monster hurdle for buyers. It is sitting abreast a aloft axis of 53.0-54.0 Satoshis that acted as a abutment beforehand and now acting as a resistance. Additionally, the 38.2% Fib retracement akin of the aftermost bead from 58.3 Satoshis to 50.1 Satoshis is accumbent with the declared trend band and attrition area.
If buyers administer to booty the amount college aloft the trend and the amount closes aloft 54.0 Satoshis, again there is a achievability of added upsides in the abreast term. A breach aloft the aforementioned ability booty the amount appear the 50% Fib level. The amount is flirting with the 100 alternate simple affective average, so we charge to see whether there is a abutting accessible aloft 54.0 Satoshis or not as affairs of a breach escalated in the abreast term.
On the downside, the bullish trend band and 50.0 Satoshis holds the key affective ahead.
Intraday Support Level – 51.0 Satoshis
Intraday Resistance Level – 53.0 Satoshis
The alternate RSI is aloft the 50 level, which ability animate buyers.
Charts address of Trading View
