#ReboundRally
1. Current Price:
The current price of the coin is $0.33546 with an increase of +3.92%.
2. Technical Indicators:
EMA: Exponential Moving Averages are shown as follows:
EMA(7): 0.33108 (yellow line).
EMA(25): 0.32783 (pink line).
EMA(99): 0.36153 (purple line).
The current price is between EMA(25) and EMA(99), indicating a short-term uptrend but there is still higher resistance.
3. Trading Volume:
24-hour trading volume for DOGE: 1.45B.
Trading volume for USDT: 480.85M.
4. MACD Indicator:
There is a positive crossover between the MACD line and the signal line, which supports the positive outlook for the market in the short term.
MACD value: 0.00386.
Difference (DIF): -0.00030, which means the beginning of the formation of bullish momentum.
5. Recent movement range:
24-hour high: 0.34053.
24-hour low: 0.31764.
6. Support and resistance levels:
Nearest support: 0.30908.
Nearest resistance: 0.36340.
Recommendations:
If the positive momentum continues (as shown by the MACD indicator), the price may target the resistance levels at 0.36.
If a correction occurs, the support levels at 0.31 can be considered an opportunity to re-enter.
- And never forget to do your own research DYOR.