Will come down eventually to 21 and 51 daily EMA
Whether it pumps more, it will eventually come down to the 21 and 51 daily EMA and consolidate there for a few months before pumping again. I'd imagine the next pump after the consolidation to be even more intense (maybe $1).
Moving averages are of course reactive to price action, so the longer doge can move sideways above the EMA's, the more the EMA's will get pulled up. For now doge is facing resistance at 33 cents and Bitcoin at 56k.
Moving averages are of course reactive to price action, so the longer doge can move sideways above the EMA's, the more the EMA's will get pulled up. For now doge is facing resistance at 33 cents and Bitcoin at 56k.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.