Breaking News
Investing Pro 0
Free Webinar - Trade Like a Pro: Candlestick Mastery Webinar | Monday, April 3, 2023 | 18:00 GMT Enroll Now

Technical Levels Suggest That DOGE Will Enter Into a Mini Rally

Cryptocurrency Jan 22, 2023 05:30AM ET
Saved. See Saved Items.
This article has already been saved in your Saved Items
 
© Reuters Technical Levels Suggest That DOGE Will Enter Into a Mini Rally
 
DOGE/USD
+5.37%
Add to/Remove from Watchlist
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 

  • DOGE’s price has recovered above the selling climax at $0.0705.
  • The meme token’s price has dropped 1.59% over the last 24 hours.
  • Investors and traders should prepare for a retest of the support level at $0.0813.

The price of Dogecoin (DOGE) is showing a clear sign that it will bounce off of a stable support level. With a small reset of DOGE’s bullish momentum, DOGE could enter into a quick rally.

DOGE’s price recovered above the selling climax at $0.0705 and rallied 32%. During this upward move, DOGE’s price flipped the $0.0813 hurdle into a support level. Investors may need to brace for a range tightening or a retest of the immediate support level at $0.0813 should the meme token’s price trade around the $0.0856 level.

CoinMarketCap shows that DOGE’s price stands at $0.08564 after it dropped 1.59% over the last 24 hours. Despite this, DOGE’s price is still up 2.02% over the last 7 days.

The post Technical Levels Suggest That DOGE Will Enter Into a Mini Rally appeared first on Coin Edition.

See original on CoinEdition

Technical Levels Suggest That DOGE Will Enter Into a Mini Rally
 

Related Articles

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:  

  •            Enrich the conversation, don’t trash it.

  •           Stay focused and on track. Only post material that’s relevant to the topic being discussed. 

  •           Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.

  • Use standard writing style. Include punctuation and upper and lower cases. Comments that are written in all caps and contain excessive use of symbols will be removed.
  • NOTE: Spam and/or promotional messages and comments containing links will be removed. Phone numbers, email addresses, links to personal or business websites, Skype/Telegram/WhatsApp etc. addresses (including links to groups) will also be removed; self-promotional material or business-related solicitations or PR (ie, contact me for signals/advice etc.), and/or any other comment that contains personal contact specifcs or advertising will be removed as well. In addition, any of the above-mentioned violations may result in suspension of your account.
  • Doxxing. We do not allow any sharing of private or personal contact or other information about any individual or organization. This will result in immediate suspension of the commentor and his or her account.
  • Don’t monopolize the conversation. We appreciate passion and conviction, but we also strongly believe in giving everyone a chance to air their point of view. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.
  • Any comment you publish, together with your investing.com profile, will be public on investing.com and may be indexed and available through third party search engines, such as Google.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

Write your thoughts here
 
Are you sure you want to delete this chart?
 
Post
Post also to:
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
 
Are you sure you want to delete this chart?
 
Post
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Continue with Google
or
Sign up with Email