$DOGS Price Analysis - CoinPedia Analytics
Similar to NotCoin, the DOGS token shows a falling wedge pattern in the 4-hour chart. As a recently launched token on Binance last month, the declining trend starts after reaching a peak of $0.0015.Â
With overhead rejections, the falling wedge pattern now tests the $0.007956. With bullish divergence in the RSI line, the DOGS token shows a high possibility of a bullish breakout.Â
Furthermore, the recent lower price reaction in the 4-hour candle near the support confluence bolsters the bullish chances. Meanwhile, the 50-EMA in the 4-hour chart merges with the overhead trend line and provides a high supply zone to keep the bullish growth under check.Â
Nevertheless, using the trend-based Fibonacci level, the upside targets for Dogs are present at the $0.0010 psychological mark and $0.001297.
