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DOGE Price Analysis: Dogecoin Price Soars Double-Digit In Intraday, Is It A Buy Opportunity?
The short-term downtrend in the DOGE price made a new lower low at $0.137. The technical chart indicated strong support from this level and initiated a recovery rally. Today, a recent tweet from the billionaire Elon Musk that all Tesla merchandise can be bought with Dogecoin triggered a sudden pump in its coin price. In our last DOGE price analysis , the DOGEUSDT pair gave a bearish breakdown from a monthly support level around $0.16. Violating this crucial support, the coin attracted even more sellers in the market. However, the price obtained intense demand pressure from the December 4th low, which pushed the price ... (full story)
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- Posted: Jan 14, 2022 10:33am
- Submitted by:Category: Technical AnalysisComments: 0 / Views: 173
