Coinidol.com: DOGE Maintains Sideways Pattern above $0.090

Dogecoin's price has remained stable since March 27.

The cryptocurrency has been range-bound, holding above the $0.088 support but below the moving average lines. Over the past week, the price has consolidated above the $0.088 support, with Doji candlesticks forming. Upward movement has been rejected three times, as shown by the candlestick wicks.

Resistance Levels $0.12 and $0.13

Support Levels – $0.10 and $0.090

Long candlestick wicks across the moving average lines indicate strong selling pressure at recent highs. The 21-day SMA is below the 50-day SMA, confirming the horizontal trend. On the 4-hour chart, the price has fluctuated above and below the horizontal moving average lines. Today, the upward trend has stalled at the 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.