Dogecoin has rallied above the moving average lines for the fifth time, reaching the $0.10 high.
In other words, the altcoin was rejected at its most recent high, forcing it to continue its sideways trend.
DOGE price long-term prediction: bullish Technical indicatorsResistance Levels $0.12 and $0.13
Support Levels – $0.10 and $0.090
DOGE indicators readingDOGE is trading above the horizontal moving average lines. The price is above the 50-day SMA support but below the $0.10 high. On the 4-hour chart, the price is above the upward-sloping moving average lines. The 21-day SMA above the 50-day SMA indicates a rising trend. The candlesticks have wicks, indicating strong selling pressure.
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.
