Hey, friends! Have you recently felt the market's ups and downs? $DOGE has dropped from a high of $0.48 all the way down to $0.3818, which is truly alarming. But don’t rush to cry just yet, let’s take a look at the technicals. Dogecoin currently feels like it’s being weighed down by a huge mountain, with EMA(99) being that mountain, and the price at $0.4038. To turn things around, it must overcome this mountain.
In terms of technical indicators, the MACD is swaying near the zero line, and the RSI is also below 50, indicating a lack of momentum. Trading volume is low, and everyone is on the sidelines. If it can break through EMA(99), then there’s hope, with target price levels looking at $0.4091, $0.45, or even $0.48. However, if it falls below $0.365, we need to be cautious, as it could drop to $0.35 or even lower.
Now Bitcoin has pulled back to 95,000, and the market is exploding! I have fully invested in $DOGE , targeting a price of $0.45 or even $0.48. Want to know which potential coins I’m optimistic about? Leave a comment + like, and I’ll share for free!
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