• 1 DOGE chart shows breakdown; the price is below the trendline of $0.06500.
• 2 Sellers are out to make profits.

2 판매자는 이익을 내기 위해 나섰습니다.

Dogecoin price is hovering in a downtrend and continues to drain the gains and lost the initial momentum by facing rejection from the trendline near $0.08300. Afterward, DOGE, unable to hold the strength and slow & steady losing the gains for the past sessions. Moreover, the DOGE price action shows that buyers are trying for a pullback, but due to strong seller strength, bulls failed to stretch the gains and faced rejection and being in the congestion range below $0.07000. 

Furthermore, the chart structure showcased a breakdown of the symmetrical triangle pattern and DOGE price is trading below the key moving averages indicating weaker cues for the upcoming sessions. If price sustains near $0.06150, a short covering move toward $0.07000 could be seen, whereas if the break leads to a retest of the immediate swing of $0.06000.

또한 차트 구조는 대칭 삼각형 패턴의 분석을 보여 주었으며 DOGE 가격은 향후 세션에 대한 약한 단서를 나타내는 주요 이동 평균 아래에서 거래되고 있습니다. 가격이 $0.06150 근처에서 유지되면 $0.07000를 향한 단기 커버링 움직임을 볼 수 있는 반면, 돌파로 인해 $0.06000의 즉각적인 스윙이 다시 테스트됩니다.

Dogecoin price is looking to retest the trendline and is holding the gains near its primary support of $0.06100. Moreover, the price action indicates short buildup activity and suggests a volatile chart structure. Follow-on selling will likely be witnessed in the upcoming sessions.

At press time, DOGE price is trading at $0.06154 with an intraday gain of 0.15%, showing neutrality on the charts. Moreover, the trading volume increased by 2.67% to $238.05 Million and the pair of DOGE/BTC is at 0.0000234 BTC. However, the market cap of DOGE is $8.64 Billion. Moreover, analysts maintained a neutral rating, suggesting that further volatility can be seen in the next sessions.

DOGE Shows Breakdown On Daily Charts 

DOGE는 일일 차트에 분석을 표시합니다

On the daily charts, DOGE price is trading below the 20 day EMA, showcasing a bearish chart structure. Moreover, the chart structure indicates that DOGE price is in the bear trajectory and faced selling pressure in the past sessions. Moreover, DOGE price slipped below the 38.2% Fib level and is on the verge of the lower bollinger band showing seller dominance, indicating further downfall for the upcoming sessions.

Will DOGE Retest Its Demand Zone Near $0.5500?

DOGE는 $0.5500 근처의 수요 영역을 다시 테스트할 예정입니까?

On the 4 hour charts, DOGE price is trading below neutrality. It has been bearish in past sessions. Moreover, due to breakdown below the trendline of $0.06500, buyers started to unwind their positions and remained cautious in the past sessions. Furthermore, the chart structure indicates a further downfall toward the demand zone of $0.05500 could be seen in the next session.

The RSI curve stayed near neutrality and formed a bearish divergence, suggesting a further downfall in the following sessions.

RSI 곡선은 중립 근처에 머물렀고 약세 다이버전스를 형성하여 다음 세션에서 추가 하락을 시사했습니다.

The MACD indicator showcased a bullish crossover, forming green bars on the histogram, suggesting neutrality on the charts.

Summary

요약

Technical Levels

기술 수준

지원 수준: $0.06000 및 $0.05800

저항 수준: $0.06400 및 $0.06800

Disclaimer

The views and opinions stated by the author or any other person named in this article are for informational purposes only and do not constitute financial, investment, or other advice. Investing in or trading crypto or stocks comes with a risk of financial loss.

저자 또는 이 기사에 언급된 다른 사람이 언급한 견해와 의견은 정보 제공의 목적으로만 제공되며 재정, 투자 또는 기타 조언을 구성하지 않습니다. 암호화폐나 주식에 투자하거나 거래하면 금전적 손실이 발생할 위험이 있습니다.