The price of Dogecoin (Doge) has shown a few movement in the past 24 hours, a decrease of about 3 %. His trading volume decreased by 36 % to $ 1.65 billion, although digital assets in Neptune buy $ 370,000. The price has been stuck less than $ 0.33 for about a week, and struggles to get a bullish momentum.
Technical indicators continue to show the decreased preparation, as Ichimoku Cloud and EMA lines are enhanced by negative risks. Unless Dog is able to break the main resistance levels, the trend remains weak, leaving room for more declines.
Ichimoku Cloud shows a downward look at DOGE
The Dogoin Ichimoku Cloud chart offers a declining look, as prices are traded below the cloud. The future cloud remains red, indicating the continued declining pressure and indicates that resistance levels can remain strong in the short term.
The (blue) transfer line currently moves near the (Red) foundation line, indicating a period of monotheism rather than the immediate reflection of the direction.
However, with the failure of the price to get a momentum over these lines, the dominant feelings are still dominant, although the Canadian Crypto Companyi digital company has announced that it had bought a 350,000 dollar promotion in December.
In addition, the delay period (green) is placed without the price, which confirms that the Doge Price is still in a decline. The next cloud descends down, which enhances the possibility that the declining momentum will continue.
If the foundation line is falling during the transformation line upward, it may indicate a potential transformation in the direction, but for the moment, Dog remains in a weak position without clear signs of recovery.
Dogecoin bbtrend is still negative, but ascertain
Dogecoin Bbtrend is currently in -21.7, where it has been negative for the past two days. It reached its peak on -26.1
BBTREND is an indicator that measures the strength of the trend based on Bollinger ranges. Positive values indicate that bullish momentum and negative values indicate a declining direction. The more the value is than zero, the stronger the direction in either direction.
With BBTREND DOGE now in -21.7, to the bottom of -26.1 yesterday, it indicates that while the declining direction remains intact, the pressure pressure began to dilute. The constant move to the top in BBTREND may indicate that the declining momentum fades, which may lead to uniformity or relief.
However, as long as the BBTREND remains negative, the total trend is still a decline, which means that the price of Doge may struggle to get a major preposition unless a stronger transformation occurred in the momentum.
Doge Price Procent: Will you inherit Dog and break $ 0.36 this time?
EMA DOGECOIN lines indicate a declining look, with EMAS in the short term under long -term lines. This alignment indicates that the current declining trend is still strong, and if the negative momentum continues, Dog can test the level of $ 0.20.
The collapse of this support may pay the price of Dogecoin to $ 0.14, which represents its lowest point since December 10, 2024.
On the other hand, if the trend is reflected, Dog may try to restore $ 0.30 as a resistance. A successful collapse above this level may lead to a re -test of $ 0.36, which is the main level that Dog failed to overcome at the end of January.
If the bullish momentum strengthens more, Doge Price may rise to $ 0.40, which represents a potential upper head of 54 %. However, until the Emas turns into a more upward formation, the general trend remains declining.
Disintegration
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