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DOGE Technical Analysis October 12
Dogecoin (DOGE) has been holding above the 50-day SMA ($0.10) for the past few days, but the bulls have not started a strong recovery. This suggests that the bears are selling on rallies.
DOGE/USDT Daily Chart | Source: TradingView
If the bulls want to gain the upper hand, they will have to sustain the price above the 20-day EMA ($0.11). If they do so, the DOGE/USDT pair could attempt a rally to the resistance line of the triangle.
DOGE/USDT Daily Chart | Source: TradingView
If the bulls want to gain the upper hand, they will have to sustain the price above the 20-day EMA ($0.11). If they do so, the DOGE/USDT pair could attempt a rally to the resistance line of the triangle.
CPI data will be released today but what is CPI data????
Today i will explain it to you people
it is basically consumer price index which is related to inflation for example if CPI data is above than previous it means inflation is increasing and will affect crypto market adversely and vice versa. understand ??
Now the other thing if today data came out good market will be bullish and quit at peak.
This CPI data today will decide the potential of rate cut in September lets see fingers crossed.
Follow me what are you looking for man
Follow for more#BTC☀
#BinanceLaunchpoolTON #bnn
Today i will explain it to you people
it is basically consumer price index which is related to inflation for example if CPI data is above than previous it means inflation is increasing and will affect crypto market adversely and vice versa. understand ??
Now the other thing if today data came out good market will be bullish and quit at peak.
This CPI data today will decide the potential of rate cut in September lets see fingers crossed.
Follow me what are you looking for man
Follow for more#BTC☀
#BinanceLaunchpoolTON #bnn