Dogecoin Impulses Remain Calm Despite Us Inflation

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Dogecoin Impulses Remain Calm Despite US Inflation. The US inflation numbers have been quite responsive to the Dogecoin market as of late.

Although the overall price sentiment depicts prices consolidating even though the dollar strengthened after the release of high inflation data. Traders are still gambling on price moments as several cities announced sudden drops in rental prices, which weren’t sectioned as part of the inflation data. The current market phase has been building for a while

Key Dogecoin Levels To Watch-October 20

The buyers have been opening stock up to prevent more declines in the Dodge price. However, the market remains calm as no significant pressure is seen on it.Dogecoin Impulses Remain Calm Despite Us Inflation

The Money Flow Index still shows selling strength as buyers are currently opening their gains more. The MACD (Moving Average Convergence and Divergence) indicator remains calm at the moment as prices continue to consolidate.

The signal line has not left the middle region for a while as we anticipate a major event to change price focus.

Dogecoin Key Levels

Resistance Levels: $0.11200 $0.0900
Support Levels: $0.0650 $0.05400

Total Market Capitalization: $7B
Dogecoin Market Capitalization: $7B
Dogecoin Volume: $2.9B
Market Rank: #10

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Azeez Mustapha

Azeez Mustapha is a trading professional, currency analyst, signals strategist, and funds manager with over ten years of experience within the financial field. As a blogger and finance author, he helps investors understand complex financial concepts, improve their investing skills, and learn how to manage their money.