Dogecoin Price Weekly Analysis – Can Buyers Break 100 MA
technical analysis

Dogecoin Price Weekly Analysis – Can Buyers Break 100 MA

THELOGICALINDIAN - Dogecoin Price Key Highlights

Dogecoin amount ability barter college if buyers administer to clear the 100 alternate MA and a bearish trend line.

There was a connected bounce about the aftermost beat low of 51.0 Satoshis, breadth sellers struggled to bright the mentioned level. The amount is currently attempting to barter higher, and adverse a lot of attrition on the upside in the abreast term. There is a bearish trend band on the alternate chart, which ability act as a barrier affective ahead. Moreover, the 100 alternate simple affective boilerplate is accumbent with the accent trend band and attrition area. So, there is a above hurdle basic about 53.0 Satoshis, which ability anticipate upside moves in the abreast term.

Dogecoin Price Weekly Analysis

Moreover, the 38.2% Fib retracement akin of the aftermost bead from 58.3 Satoshis to 51.0 Satoshis is aloft the accent trend band and attrition area. So, it won’t be accessible for buyers to booty the amount aloft 53-54.0 Satoshis in the abreast term. If buyers administer to booty the amount aloft it, again the 50.0% Fib retracement akin of the aftermost bead ability appear into play.

On the downside, the aftermost low of 51.0 Satoshis ability abide to anticipate losses affective ahead. A breach beneath it could booty the amount added lower may be appear 50.0 Satoshis.

Intraday Support Level – 51.0 Satoshis

Intraday Resistance Level – 53.0 Satoshis

The alternate RSI and MACD are attempting to move in the bullish zone, which is a absolute sign.

 

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