seach-icon
  • user-img

    QONEQT in Dogecoin

    22-Nov-2022 08:01 AM


    thumbnail

    Price analysis 11/21: DOGE

    After trading between the moving averages for several days, Dogecoin plunged below the 50-day SMA ($0.08) on Nov. 20.
    This indicates that the uncertainty resolved in favor of the bears.
    If this level also gives way, the pair could complete a 100% retracement of the entire rally and drop to $0.06.
    Conversely, if the price rebounds off the current level or $0.07, the bulls will again try to propel the pair above $0.09.
    A close above this resistance could signal that the corrective phase may be over.

    Source - Cointelegraph