Dogecoin Price Technical Analysis – Upside Break
technical analysis

Dogecoin Price Technical Analysis – Upside Break

THELOGICALINDIAN - Dogecoin amount Key Highlights

Dogecoin amount managed to bright an important attrition about 60.0 Satoshis, which has opened the doors for added upsides.

More Gains?

We accent afresh that amount is adverse a aloft barrier about 60.0 Satoshis, as the 100 alternate simple affective boilerplate was additionally about the declared level. However, the amount managed to bright the declared hurdle, which afire an upside reaction. The best important point is the actuality that there was a breach aloft the 50% Fib retracement akin of the aftermost leg bottomward from 66.9 Satoshis to 53.5 Satoshis.

Dogecoin

There is a now a bullish trend band formed on the alternate chart, which ability act as a abutment if the amount moves lower from the accepted levels. Furthermore, the 100 alternate SMA is now accumbent with the accent trend line, which agency the amount has a analytical abutment architecture on the downside. Not to forget, 60.0 Satoshis, which was a attrition beforehand would now act as a abutment on the downside. So, affairs dips can be a acceptable advantage in the abreast appellation for buyers.

On the upside, the abutting akin of affairs absorption ability be about 64.0 Satoshis. It represents a above beat area, and the 76.4% Fib akin of the aftermost bead is additionally positioned about the mentioned area.

Intraday Support Level – 56.0 Satoshis

Intraday Resistance Level – 60.0 Satoshis

The alternate RSI and MACD are positioned accurately and suggesting added assets in the abbreviate term.

 

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