After DogeCoin rose from the $0.065 range, buying pressure pushed the price up to near the $0.100 resistance. Fearing a strong reaction to this area, many buyers took profits before the price hit this level, and with the formation of a double top reversal pattern, we saw the price correct to valid support in the $0.075-$0.080 range.
Recently, demand for Dogecoin has been created at this support level, and it has registered a 15% growth. In the 4-hour timeframe, the trend of Dogecoin is bearish, and the range that we can consider as a turning point or an important supply and demand level is $0.088-$0.089. A break of this resistance to the upside could re-uptrend the 4-hour timeframe, increasing the potential for further price growth to the $0.102-$0.109 resistance range.
Recently, demand for Dogecoin has been created at this support level, and it has registered a 15% growth. In the 4-hour timeframe, the trend of Dogecoin is bearish, and the range that we can consider as a turning point or an important supply and demand level is $0.088-$0.089. A break of this resistance to the upside could re-uptrend the 4-hour timeframe, increasing the potential for further price growth to the $0.102-$0.109 resistance range.
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Join the free Telegram channel
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🌐 Website: MonoCoin.net
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💎 Telegram Channel: t.me/MonoCoin_Public
🔔 Bot: t.me/MonoCoinSignal_Bot?start=starter_tv
🌐 Website: MonoCoin.net
⭐️ 5-Star TrustPilot: trustpilot.com/review/monocoin.net
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.