Dogecoin (DOGE) jerġa 'jibda t-tendenza' l fuq, jirrevedi l-ogħla preċedenti għal $ 0.34

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DOGE / USD Tendenza fit-Tul: Bullish
Illum, DOGE/USD is trading at $0.29 as the altcoin attempts to resume an upward move. In the first uptrend, Dogecoin reached a high of $0.34 but was repelled. On the upside, if the crypto resumes an upward move and breaks the resistance at $0.34, the uptrend will resume. Meanwhile, on the August 16 downtrend; a retraced candle body tested the 50% Fibonacci retracement level. The retracement indicates that DOGE will rise to level 2.0 Fibonacci extensions or level $0.51. The Fibonacci tool if price breaks the resistance at $0.34.

Qari ta 'Indikaturi taċ-Ċart ta' Kuljum:
Dogecoin is at level 55 of the Relative Strength Index period 14. It indicates that the coin is in the uptrend zone and above the centerline 50. The 21-day SMA and the 50-day SMA are sloping upward indicating the uptrend.


DOGE / USD Preġudizzju għal żmien medju: Bullish
On 4 hour chart, the DOGE price is in an upward move. The uptrend is facing resistance at level $030. The coin is likely to rise as price bars are above the moving averages. Meanwhile, on September 2 uptrend; a retraced candle body tested the 61.8% Fibonacci retracement level. The retracement indicates that DOGE will rise to level 1.618 Fibonacci extensions or level $0.33.

Qari ta ’Indikaturi taċ-Ċart ta’ 4 sigħat
DOGE/USD is below the 80% range of the daily stochastic. It indicates that DOGE is in a bearish momentum but it is contrary to the price action. The 21-day and the 50-day SMA are sloping downward.


Perspettiva Ġenerali għal Dogecoin
DOGE/USD is in an upward move but the uptrend is hindered at the resistance at $0.34. Dogecoin will rise to level $0.51 if the resistance is breached. The market is likely to be range-bound if the resistance remains unbroken.



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