The latest price Analysis by Coinidol.com report, Dogecoin (DOGE) price is currently below the $0.61 support, but is still trading at the bottom of the chart.

Dogecoin price long-term forecast: in range

The price of the altcoin has been fluctuating between $0.061 and $0.064 since August 18. At the high of $0.065, the upward trend of the price was stopped. The presence of doji candlesticks slowed down the price movement today.

알트코인 가격은 8월 18일부터 0.061달러~0.064달러 사이에서 등락을 거듭해 왔다. 0.065달러 최고점에서 가격 상승세가 멈췄다. 오늘 도지 캔들스틱의 존재로 인해 가격 변동이 둔화되었습니다.

On August 23, DOGE reached a high of $0.065 before the price bounced back. The cryptocurrency asset is now in a range of fluctuation. The candle tails show significant buying at lower price levels, which is a positive sign. The oversold area of the market is where Dogecoin is trading. A price rise will signal the beginning of an uptrend.

Dogecoin indicator display

Dogecoin 표시기 표시

DOGE is correcting upwards, reaching the value 35 of the Relative Strength Index for the period 14. The price bars are located at the bottom of the chart, below the moving average lines. The current price decline has reached a point of bearish exhaustion. The price of the cryptocurrency is currently trading above the Stochastic daily value of 75. The ascending rise has exhausted itself to the upside.

Technical Indicators

주요 저항 수준 - $0.12 및 $0.14

What is the next direction for Dogecoin?

Dogecoin의 다음 방향은 무엇입니까?

Dogecoin is moving sideways, but only within a small price range of $0.061 and $0.064. The dominance of the doji candlesticks has caused the price movement to remain unchanged. If the cryptocurrency value recovers above the existing support, it will rise. On the other hand, it seems unlikely that the cryptocurrency will fall further.

Dogecoin은 옆으로 움직이고 있지만 $0.061~$0.064의 작은 가격 범위 내에서만 움직입니다. 도지 캔들스틱의 지배력으로 인해 가격 변동이 변하지 않았습니다. 암호화폐 가치가 기존 지지선 이상으로 회복되면 상승하게 됩니다. 반면에 암호화폐가 더 이상 하락할 가능성은 낮아 보입니다.

Last week Coinidol.com reported that Dogecoin fell dramatically to as low as $0.050 before recovering and trading above the $0.060 support level. Today, the cryptocurrency asset has reached a high of $0.064 as we write this article. 

부인 성명. 이 분석 및 예측은 작성자의 개인적인 의견이며 암호화폐 구매 또는 판매에 대한 권장 사항이 아니며 CoinIdol.com의 보증으로 간주되어서는 안됩니다. 독자들은 펀드에 투자하기 전에 조사를 해야 합니다.