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Dogecoin (DOGE) Mutengo Wenguva Yakareba Kufanotaura: Bearish
Dogecoin's (DOGE) price has fallen below the moving average lines but keeps its range below $0.16. The crypto price encountered resistance at $0.18 and fell below the 21-day SMA. The crypto price retested the 21-day SMA and continued to fall between the moving average lines.
DOGE is trading below the 21-day SMA resistance but above the 50-day SMA. On the downside, if the bears break below the 50-day SMA support, DOGE will fall above the $0.082 level. On the upside, the altcoin’s bullish momentum will resume if buyers sustain the price above the 21-day SMA.
The current price volatility will continue if the moving average lines remain unbroken. DOGE / USD is now worth $0.148 as of this writing.
Technical indicators
Makuru Ekurwisa Matanho - $ 0.12 uye $ 0.14
Matanho Makuru Ekutsigira - $ 0.06 uye $ 0.04
Dogecoin (DOGE) Chiratidzo Kuverenga
DOGE’s price has dropped and is caught between the moving average lines. The crypto’s price rises then falls, twice retesting the 21-day SMA. DOGE will trade in a range if the moving average lines don’t break. On the 4-hour chart, the price bars are caught between the moving average lines as DOGE maintains its range.
Ndeupi unotevera nhungamiro yeDogecoin (DOGE)?
DOGE’s selling pressure has eased above the $0.0124 support but keeps its range below $0.16. The moving average lines have halted the rising movement. The altcoin trades in a limited range of $0.124 to $0.160. Iyo crypto chiratidzo will stay range-bound as long as DOGE is kept within a particular range.
The extended candlestick tail at the bottom of the chart implies significant buying pressure at the present support level.
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