Price: $0.37824 2.4682%
Market Cap: 55.53B 1.8341%
Volume (24h): 10.61B 0.4%
Dominance: 1.8341%
Price: $0.37824 2.4682%
Market Cap: 55.53B 1.8341%
Volume (24h): 10.61B 0.4%
Dominance: 1.8341% 1.8341%
  • Price: $0.37824 2.4682%
  • Market Cap: 55.53B 1.8341%
  • Volume (24h): 10.61B 0.4%
  • Dominance: 1.8341% 1.8341%
  • Price: $0.37824 2.4682%
Home > video > DOGE falls after overbought | Dogecoin gold rate drop

DOGE falls after overbought | Dogecoin gold rate drop

Release: 2024/10/24 20:39 Reading: 0

Original author：Ersoy Toptaş

Original source：https://www.youtube.com/embed/CVrjCPct4DE

DOGE fell after being “overbought”. DOGE price began to decline after the daily relative strength index (RSI) value rose above 70, a threshold that indicates an “overbought” situation and precedes a correction period.

"Everything about Dogecoin and its dogs is in this video."

In other words, traders began to take profits, anticipating that the price would peak in the short term. Their bearish response to DOGE's overbought RSI is consistent with previous examples where the RSI has risen above 70, triggering sharp price corrections.
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