Dogecoin price analysis is bullish today as we have seen support found at $0.0595, meaning that a higher low is set. Therefore, DOGE/USD is ready to continue even higher and look to finally break the $0.065 major resistance later in September.
Per pastarąsias 24 valandas rinka buvo neigiama. Tuo tarpu lyderis Bitcoin prarado 3.09 proc Ethereum over 1.7 percent. Meanwhile, the rest of the market has traded with similar bearish results.
Dogecoin price movement in the last 24 hours: Dogecoin looks to reverse
DOGE/USD traded in a range of $0.05952 to $0.06133, indicating mild volatility over the last 24 hours. Trading volume has increased by 1.15 percent, totaling $413.13 million, while the total market cap trades around $8.11 billion, ranking the coin in 10th place overall.
DOGE/USD 4 valandų grafikas: atrodo, kad DOGE pasikeis?
On the 4-hour chart, we can see bullish momentum returning over the day, indicating that further recovery will follow overnight.
Dogecoin kaina action has seen sideways consolidation earlier this month as the $0.065 resistance prevented further upside after several days of strong bullish momentum. After failure to move higher on Monday, DOGE/USD began to lose its buying pressure.
As a result, DOGE saw increasing selling pressure during the middle of yesterday, leading to a quick spike below $0.0625. Further 6 percent loss followed below $0.06 next support, with a new low set at $0.0595.
Since then, Dogecoin price action has reversed and moved back above $0.061. If the momentum keeps going overnight, we expect DOGE/USD to retest previous highs by the end of the week.
Dogecoin kainų analizė: išvada
Dogecoin kainų analizė is bullish today as we have seen clear higher low set and reversal signals during the day. Therefore, DOGE/USD is ready to continue even higher and look to set another swing high.
Laukdami, kol Dogecoin pajudės toliau, peržiūrėkite mūsų straipsnius, kaip pirkti Litecoin, Filecoinir Polkadot.
Šaltinis: https://www.cryptopolitan.com/dogecoin-price-analysis-2022-09-14/