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Dogecoin Price Analysis | A Look At Dogecoin Price Into The Weekend |
In this video, we take a closer look at the current state of Dogecoin's price, which has been trading in an uptrend pattern. However, there are signs that a retracement may be on the horizon, as each crypto is printing a reversal candlestick on Friday.
On Thursday, Dogecoin confirmed a new uptrend by printing a higher high, and its most recent higher low was formed on Wednesday at 8 cents, negating its previous downtrend. But on Friday, it looks like the crypto is printing a doji candlestick, which could indicate that the next higher high has occurred and that a lower trade could be expected on Saturday.
Bullish traders will want to see Dogecoin print a bullish reversal candlestick above the 200-day simple moving average, in case it falls below it, the uptrend will be negated and a longer-term downtrend could be on the horizon.
The video will also highlight the resistance and support levels for Dogecoin, which currently stand at $0.091 and $0.099, respectively, with support levels below at $0.083 and $0.075. Join us for an in-depth analysis of Dogecoin's price movement and what it could mean for the weekend ahead.
Dogecoin Price Analysis | A Look At Dogecoin Price Into The Weekend |
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Dogecoin Price Today
Dogecoin Price Analysis
Dogecoin Price Analysis Today
A Look At Dogecoin Price Into The Weekend
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Disclaimer – We make videos to educate people, so if you decide to invest after watching our video, we will not be liable for any profit or loss encountered by you in the process.
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Reversal Candlestick
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