- Dogecoin had been fluctuating between the levels of$0.002500 and $0.003500 in the last three months.
- The dogecoin will continue to range because of the dominance of small body candlesticks.
DOGE/USD Medium-term Trend: Ranging
- Resistance Levels: $0.003600, $0.003800, $0.004000
- Support levels: $0.003200, $0.003000, $0.002800
Yesterday, July 18, the price of DOGE was in bullish trend attempting to break above the EMAs. The bulls were being resisted at the 26-day EMA and price may continue trade below the EMAs. Meanwhile, the Dogecoin had been fluctuating between the levels of$0.002500 and $0.003500 in the last three months.
The dominance of the small body candlestick like the Doji and the Spinning tops will indicate whether the coin will continue its range-bound movement. The small body candlesticks appear to describe the indecision between the buyers and sellers at the current market price. Meanwhile, the MACD line and the signal line are above the zero line which indicates a buy signal.
DOGE/USD Short-term Trend: Ranging
On the 1-hour chart, the price of DOGE is in a sideways trend zone. The 12-day EMA and the 26-day EMA was sloping horizontally indicating a sideways trend. The crypto’s price is fluctuating below above the EMAs. The crypto’s price is fluctuating between the levels of $0.002800 and $ 0.003200. Meanwhile, the MACD line and the signal line are above the zero line which indicates a buy signal.
Live Dodgecoin (DOGE) Price:
1 DOGE/USD =$0.0024 change ~ -3.95%
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