Since January 2, Dogecoin's price has consistently remained above the moving average lines.
DOGE price long-term prediction: bullish
However, if the bears push the price below the moving average lines, DOGE could fall to a low of $0.12. DOGE is at $0.138.
Technical indicatorsResistance Levels $0.45 and $0.50
Support Levels – $0.30 and $0.25
Dogecoin price indicators readingThe price bars have remained above the moving average lines after being rejected twice at the recent high. The moving average lines are moving horizontally as the 21-day SMA crosses above the 50-day SMA. On the 4-hour chart, the price bars are below the horizontal moving average lines.
Disclaimer. This analysis and forecast are the personal opinions of the author. The data provided is collected by the author and is not sponsored by any company or token developer. This is not a recommendation to buy or sell cryptocurrency and should not be viewed as an endorsement by Coinidol.com. Readers should do their research before investing in funds.
