Dogecoin Rebounds mihoatra ny $0.11 fa mitolona eo ambanin'ny $0.125 ambony

Azeez Mustapha

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DOGE / USD Fironana maharitra: Bearish
Ny vidin'ny Dogecoin (DOGE) is still in a downward correction as it struggles below the $0.125 high . Dogecoin rebounded above the $0.1074 support as price corrected upward to the high of $0.12. The upward move is facing rejection at the high of $0.12. The recent high was the previous low of the January 22 price slump. DOGE/USD will further decline if the bears turn the recent high to another resistance zone. The altcoin will fall but reverse at the previous low of $0.10.

Dogecoin Rebounds mihoatra ny $0.11 fa mitolona eo ambanin'ny $0.125 ambony
DOGE / USD - Tabilao isan'andro

Famaritana ny tabilao isan'andro:
DOGE’s price is below the 50-day line SMA and the 21-day line SMA which indicates a further downward movement of prices. However, as the market reaches the oversold region the selling pressure is likely to end. The altcoin is at level 31 of the Relative Strength Index for period 14. Dogecoin has reached the oversold region of the market.


DOGE / USD Fitongilanana maharitra: Bearish
On the 4 – hour chart, DOGE price is in a downward move. The altcoin is recovering after the recent downtrend. The crypto price fell to the low of $0.1068 and rebounded. Meanwhile, on February 22 downtrend; a retraced candle body tested the 50% Fibonacci retracement level. The retracement indicates that DOGE will fall to level 2.0 Fibonacci extension or $10.62. From the price action, the altcoin tested the 2.0 Fibonacci extension and rebounded.

Dogecoin Rebounds mihoatra ny $0.11 fa mitolona eo ambanin'ny $0.125 ambony
DOGE / USD - Tabilao 4 Hour

Famakiana ireo tabilao mandritra ny 4 ora
Dogecoin is above the 30% range of the daily stochastic which indicates that the market has resumed bullish momentum. The downtrend has subsided as the altcoin fell to the low of $0.10.

Fomba fijery ankapobeny ho an'ny Dogecoin
Dogecoin has reached the oversold region as it struggles below the $0.125 high. Buyers are emerging to push the altcoin upward. The altcoin has risen to $0.1233 at the time of writing


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Azeez Mustapha

Azeez Mustapha dia matihanina amin'ny varotra, mpandalina vola, mpahay tetikady famantarana ary mpitantana vola manana traikefa efa mihoatra ny folo taona eo amin'ny sehatry ny vola. Amin'ny maha-bilaogera sy mpanoratra ara-bola azy dia manampy ny mpampiasa vola hahatakatra ireo foto-kevitra ara-bola sarotra izy, hanatsara ny fahaizany mampiasa vola ary hianatra hitantana ny volany.

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