Dogecoin Community Exploration
Discover the deeper value of dogecoin and the latest developments of dogecoin whales.
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Oct / 09
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- DOGE Bulls Retreat at Resistance, Oversold Signals Hint Reversal
- Oct 09, 2023 at 03:49 pm Coin Edition
- DOGE faces resistance at $0.06209, signaling a potential bearish trend. Bollinger bands indicate short-term consolidation with lower volatility. Stochastic RSI suggests DOGE is oversold, hinting at a possible price reversal. Bulls attempted a retreat as resistance at $0.06209 halted DOGE's positive momentum. However, buyers stepped in, driving the price back towards $0.06081. If DOGE breaks below $0.06064 support, the next significant barrier is at $0.05950. A sustained buying interest and a break over $0.06209 may signal a continuation of the bullish trend towards $0.06300 and $0.06500.
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- Dogecoin’s Bottom Could be In While Shiba Inu Flashes Bearish Signals; Should you Sell these Memecoins?
- Oct 09, 2023 at 03:42 pm CoinPedia News
- Dogecoin's bottom may be in as Shiba Inu flashes bearish signals. Should you sell these memecoins? Shiba Inu has seen a notable 10% jump and surpassed $0.0001, boosting bullish sentiment. Meanwhile, Dogecoin is preparing for a strong upswing after reaching consolidation bottom. However, technicals suggest a bearish reversal, potentially lowering prices over the weekend. Shiba Inu's healthy upswing may experience a minor pullback before continuing its parabolic recovery. Dogecoin shows strength with a steep upswing, but a breakout from the descending parallel channel is needed for a confirmed rise. The memcoins' price changes are attracting attention, making the upcoming weekend crucial for both tokens.
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