DOGEUSDT : Dogecoin Price Prediction

DOGE/USD extends corrective pullback from 200-bar SMA.

RSI recovery from oversold area backs the latest run-up.

The downward sloping trend line from February 07 keeps sellers hopeful.

Further upside needs to overcome bearish MACD before challenging the previous week’s top near 0.0645.

Alternatively, a downside break of 200-bar SMA level of 0.047 will recall the sub-0.0375 area while targeting the late-January swing lows near 0.0220.
dogecoindogeusdtTechnical Indicatorsrahmati_academyTechnical AnalysisTrend AnalysisWave Analysisyaser_rahmati

Related publications

Disclaimer