The Basics about Cryptocurrency
Key Highlights Dogecoin price cleared a contracting triangle as highlighted recently, and traded lower. The price remains under the bearish pressure, which means more losses are possible moving ahead. A new weekly low was formed below 55.0 Satoshis, which can act as a support moving ahead. Dogecoin price suffered more losses and created a new …
Dogecoin price looks like consolidating after the recent losses which can be seen as part of a correction. There is a minor bearish trend line formed on the hourly chart (data feed from HitBTC), which may ignite the next move in the near term. A break above the highlighted trend line and resistance area may …
Key Highlights Dogecoin price spiked higher as anticipated in yesterday’s post and created a new high above 57.0 Satoshis. Sellers failed to capitalize on the double top pattern, and as a result there was an upside reaction. Looking at the broad view, there is likely an ascending channel pattern formed on the hourly chart. Dogecoin …
Dogecoin price surged higher during the past couple of sessions, and traded above a major resistance area. There was a break noted above a bearish trend line formed on the hourly chart (data feed from HitBTC). The highlighted break looks real, which means buying dips in the short term can be an option. Dogecoin price …
Key Highlights Dogecoin price made an attempt to trade higher and cleared a bearish trend line highlighted in yesterday’s post. The price found resistance around 56.5 Satoshis, which represents a major hurdle for buyers. The price is currently trading around the 100 hourly simple moving average and setting up for the next move. Dogecoin price …
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