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Crypto Trends

Will the accumulation of DOGECOIN 800 meters be avoided+ Doug by $ 0.13?

Dogecoin is broken to less than $ 0.16, and is currently trading at $ 0.1582. This represents an upward failure with a decline during the day by -0.16 % after a rise of 24 hours at $ 0.16119.

Currently, Dogecoin Price analysis It warns against intense withdrawal due to the collapse of the pattern in the graph for 4 hours. Will the prices of Dogecoin drop less than $ 0.15? Let’s discover.

Dogoin (Doge)

In the 4 -hour price scheme, Dogoin Price offers a bullish return to $ 0.16779. This represents a bullish position against the fall of early April, which creates a bottom at $ 0.13219.

Dogecoin price schemeDogecoin price scheme
Dogecoin price scheme

The recovery takes from $ 0.13219 to $ 0.16779, approximately 27 %. However, due to the recession in the bullish momentum, the direction of the price of Dogcoin is now a possible reflection.

Standardization between decline levels 38.20 % and 50 % Fibonacci at $ 0.1593 and 0.16777 dollars, respectively, Dukwin approaches a possible fall. With a dual collapse in the monotheism range, Dogecoin warns against retreating to the recovery level of 23.60 % at $ 0.14899.

This will break the psychological level of $ 0.15 and determine an almost 6 % decrease. Moreover, it opens the door for a possible correction to $ 0.13219.

Moreover, support for correction chances in Dogoin, gave Macd lines and signaling lines a declining cross. The average lines are about to go to a negative area where the red graphs are intensified.

In addition, the decisive EMA lines in the price scheme for 4 hours, 50, 100, and 200 EMA in a declining alignment. This reflects the increasing declining impact on Dukwin.

The analyst is still optimistic about Dogecoin

Amid the possibility of increasing the collapse of a more severe correction in Dukwin, Ali Martinez, an encryption analyst, High A bullish return of encryption whales in Dukwin.

Based on the data from the feelings, Ali highlights the encryption whales that get more than 800 million DOGE icons in the past 48 hours. This pumps the property of the whale to 72.18 billion dusk, which represents about x dollars.

With the Dogoin encryption whales, the possibility of recovery that increases the prices of DOGE. In the event of a 50 % upward trend at the Fibonacci tradition level, DOGE PRICE can recover 0.20.

Sahil MahadikSahil Mahadik

Written by Sahil Mahedik

As a full -time trading with more than three years of practical experience in financial markets, exceptional efficiency in technical analysis, which is the cornerstone of the daily monitors of price fluctuations in the leading assets and indicators. My journey started to circulate with a deep charm of financial tools, and this curiosity is naturally expanded in the world of sophisticated cryptocurrencies. I am currently contributing to Cryptonewsz, and I have also written for Coingaape, Coin Republic and Therkarketperodical. I am driven by the market and I want to explore new opportunities. I analyze the emerging trends and strategies to obtain the maximum returns in the traditional coding markets.

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