Picture of the author

Mastering Crypto

09/05 11:22

Dogecoin price analysis

Buyers tried to push Dogecoin above the 20-day EMA ($0.07) on Sept. 2, but the bears held their ground.

That keeps the DOGE/USDT pair stuck between the 20-day EMA and the important support at $0.06. The downsloping 20-day EMA and the RSI in the negative zone indicate an advantage to sellers. If the price breaks below $0.06, the selling could intensify, and the pair may plummet to the next support at $0.055.

If bulls want to prevent the decline, they will have to quickly drive the price above the 20-day EMA. If they succeed, the pair can jump to the 50-day SMA ($0.07) and later surge to $0.08.1693912942346.png

#Share Your HTX Earn Strategies and Earnings#HTX 10th Anniversary#BTC преодолел отметку в $120 000!
64Share

All Comments0LatestHot

avatar
LatestHot