The price of Dogecoin (DOGE) is moving in a range but remains below the moving average lines.
Isibikezelo sesikhathi eside sentengo ye-Dogecoin: bearish
The altcoin had previously fallen to a low of $0.128 before the bulls bought the dips. Selling pressure has eased as bulls have halted the decline above the $0.14 support level and resumed consolidation. UMBUZO is trading above the $0.14 support but below the moving average lines.
Once DOGE breaks above the moving average lines or the $0.18 level, the uptrend will resume. The altcoin is currently trading at $0.158. In the meantime, DOGE continues its price action above the current support at $0.14 and resistance at $0.18.
Ukufundwa kwesikhombi seDogecoin
DOGE price bars are dominated by Doji candlesticks located above the horizontal moving average lines on the 4-hour chart. The horizontal moving average lines represent the sideways trend. Doji candlesticks indicate that traders are uncertain in which direction the DOGE price will move.
Izinkomba zezobuchwepheshe
Amazinga abalulekile wokumelana - $0.12 kanye nama-$0.14
Amazinga okusekela abalulekile - $0.06 kanye nama-$0.04
Uyini umkhombandlela olandelayo weDogecoin?
DOGE/USD has ended its slide after finding support at $0.14. DOGE has been trading in a tight range since April 13, fluctuating above $0.14 and encountering resistance at $0.18. The presence of doji candlesticks has kept the price movement stable.
On April 16, Coinidol.com reported that DOGE was rejected at the $0.20 resistance and fell below the 21-day SMA.
Umshwana wokuzihlangula. Lokhu kuhlaziya kanye nesibikezelo kuyimibono yomuntu siqu yombhali futhi akusona isincomo sokuthenga noma ukuthengisa i-cryptocurrency futhi akufanele kubhekwe njengokugunyazwa yi-CoinIdol.com. Abafundi kufanele benze ucwaningo lwabo ngaphambi kokutshala izimali.
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- Source: https://coinidol.com/dogecoin-finds-support/
