I think it is the right point to buy doge coin
First target 0.42
Second target 0.45
Technical analysis of the coin:
For a more detailed analysis using technical indicators, we can analyze the picture based on the following indicators:
1. General trend
The general trend appears to be bullish after a corrective movement (orange arrow indicates a slight rebound).
The price is currently fluctuating below the resistance at 0.48434, which indicates the possibility of forming a consolidation pattern.
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2. Moving Averages
If the short-term moving average (such as MA-20) is above the longer-term average (such as MA-50): indicates the continuation of the upward trend.
If data is available, the Golden/Death Cross can be checked to determine the future trend.
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3. Relative Strength Index (RSI)
RSI (not shown in the image): If the value is below 30, it means oversold, and a possible rebound is expected.
If the RSI exceeds 70, it indicates overbought, and a correction may be coming.
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4. Volume Analysis
The current volume (709.42M) shows stable activity. Any sudden increase in volume may indicate a strong price move.
$doge. MACD
You can look at the intersection of the MACD line and the signal line:
Upward cross: bullish signal.
Down cross: bearish signal.
6. Candlestick Patterns
The last candles show longer lower tails, indicating