Dogecoin Fluctuates as Bears Attempt to Break Below the $0.12

Azeez Mustapha

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Awọn ipele Resistance Key: $ 0.45, $ 0.46, $ 0.47
Awọn ipele Atilẹyin bọtini: $ 0.25, $ 0.20, $ 0.15

DOGE / USD Aṣa igba pipẹ: Bearish
Iye owo Dogecoin (DOGE) is in a downward correction as bears break below the $0.12. Since March 26, the cryptocurrency has been in a range-bound move between $0.12 and $0.15 price levels. Presently, the upward move has been hindered by the 50-day line SMA. On the upside, if the bulls break above the 50-day line SMA, DOGE will rise to the high of $0.15. Dogecoin will resume an uptrend if the bulls break above the $0.15. Conversely, if the bears break below the $0.12, DOGE/USD will decline to the low of $0.10. Meanwhile, the altcoin will continue its range-bound movement if the range-bound levels remain unbroken.

Dogecoin Fluctuates as Bears Attempt to Break Below the $0.12
DOGE / USD - Iwe apẹrẹ ojoojumọ

Awọn Ifihan Atọka Ojoojumọ Kika:
DOGE/USD is at level 44 of the Relative Strength Index for period 14. It indicates that the DOGE is in the bearish trend zone and below the centerline 50. The 21-day line SMA and the 50-day line SMA are sloping sideways move to indicate the range-bound move. DOGE’s price is below the moving averages indicating that the altcoin can decline.

DOGE / USD aiṣododo-igba alabọde: Aye
On the 4– hour chart, the DOGE price is in a sideways move. The altcoin is in a range-bound move below the $0.14 high. The sideways move is characterized by small body indecisive candlesticks. The altcoin will resume an uptrend if price breaks above the moving averages.

Dogecoin Fluctuates as Bears Attempt to Break Below the $0.12
DOGE / USD - 4 Chart Chart

Awọn afihan Awọn apẹrẹ Awọn apẹrẹ 4-wakati kika
Altcoin wa loke iwọn 25% ti sitokasitik ojoojumọ. Ọja naa wa ni ipa nla kan. Laini ọjọ-ọjọ 21 ati awọn iwọn gbigbe laini 50-ọjọ ti n lọ ni petele n tọka gbigbe si ẹgbẹ.

Gbogbogbo Outlook fun Dogecoin
DOGE/USD is in a range-bound move as bears break below the $0.12. It is confined between $0.12 and $0.15 price levels. The altcoin will trend when the range-bound levels are breached. In the meantime, the bears are retesting the $0.12 support to break below it.


O le ra awọn owó crypto nibi: Ra LBlock


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Azeez Mustapha

Azeez Mustapha jẹ alamọja iṣowo, oluyanju owo, olufihan awọn ifihan agbara, ati oluṣakoso owo pẹlu ọdun mẹwa ti iriri laarin aaye owo. Gẹgẹbi Blogger ati onkọwe iṣuna, o ṣe iranlọwọ fun awọn oludokoowo ni oye awọn imọran eto inọnwo ti ilọsiwaju, mu awọn ọgbọn idoko -owo wọn dara si, ati kọ ẹkọ bi o ṣe le ṣakoso owo wọn.

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