dogecoin price analysis is bearish today as we have seen failure to move even higher and resistance found at $0.065. Therefore, DOGE/USD is ready to continue lower and break past the $0.0625 support.
The market has traded mostly in the red over the last 24 hours. The leader, Bitcoin, gained 2.5 percent, while Ethereum lost 3.62 percent. Meanwhile, most of the top altcoins followed close by.
Dogecoin price movement in the last 24 hours: Dogecoin continued reversal
DOGE/USD s-a tranzacționat într-un interval de la 0.06288 USD la 0.06519 USD, indicând o volatilitate substanțială în ultimele 24 de ore. Volumul de tranzacționare a crescut cu 19.24%, însumând 402 milioane USD, în timp ce capitalizarea totală a pieței s-a tranzacționat în jur de 8.44 miliarde USD, clasând moneda pe locul 11 în general.
Grafic pe 4 ore DOGE/USD: DOGE gata să continue mai jos?
În graficul de 4 ore, putem vedea Pretul Dogecoin action testing the $0.0625 after another rejection of upside, indicating that another drop will follow later in the week.
Dogecoin price action has seen a swift rally over the end of last week. From the previous swing low at $0.058, DOGE/USD rallied all the way to the $0.065 resistance, where the previous high was set.
Further upside did not follow as consolidation followed below the resistance. Further upside was quickly rejected, sending DOGE back to $0.0625 support yesterday. From there, DOGE rallied higher back to $0.065 resistance, where another rejection lower was seen.
Likely Dogecoin price action will continue lower as a result of weak buying, with the $0.0625 support likely to be broken soon. From there, DOGE/USD is ready to push even lower and retrace even further.
Analiza prețului Dogecoin: Concluzie
Analiza prețului Dogecoin is bearish today as we have seen failure to continue higher and further consolidation over the last 24 hours. Therefore, DOGE/USD is ready to continue even lower and look to break past the $0.0625 support over the next days.
În timp ce așteptați ca Dogecoin să se deplaseze mai departe, vedeți articolele noastre despre cum să cumpărați Litecoin, Filecoin, și Buline.
Sursa: https://www.cryptopolitan.com/dogecoin-price-analysis-2022-09-12/