DOGE's future 24-hour trend forecast
Let's talk about DOGE's future 24-hour trend!
First, let's take a look at DOGE's current price, which is 0.37571 USDT, which has fallen by 3.83% compared to yesterday. The price is like a naughty child, swinging on the upper rail of the Bollinger Band, and it feels like it has hit a difficult slope.
Take a look at the Bollinger Band again, the upper rail is 0.40763, the middle rail is 0.39297, and the lower rail is 0.37932. The price is about to touch the upper rail, so we have to be careful at this time, maybe it will turn back and fall.
The MACD indicator also says that DOGE may have to fall in the short term, but the DIF line is still above the DEA line, and it may bounce a little and rebound.
The RSI indicator is also oversold. The 6-hour cycle, 12-hour cycle, and 24-hour cycle all show that the market may have fallen too much and wants to take a breath and bounce up.
There is also the KDJ indicator, which also says that the market is oversold and may have to rebound in the short term.
As for the trading volume, it has been a bit quiet recently, less than in the past few days. Everyone may be waiting and watching how DOGE will go next.
So, I think DOGE may rebound in the short term, but if it cannot reach the upper track of the Bollinger Band, it may have to hover around the current price. $DOGE