Market in the last 24hrs
The price saw a bullish momentum as DOGEUSD accepted the bottom Bollinger band as a support line. The trading volume has been very high in the last 24 hours
Today’s Trend analysis
The price can be seen moving above the middle Bollinger band suggesting that the price has rejected the middle band as a resistance line and a bullish momentum may be in the future till the price reaches the upper band.
Price volatility was low at approximately 2.92%, with the day's range between $0.194 — $0.203.
Price at the time of publishing: $0.201
DOGE’s market cap: $26.28 Billion
However, the Indicator summary is giving a 'SELL' signal on DOGEUSD.
Out of 11 Oscillator indicators, 1 is giving a SELL signal, 9 are neutral and 1 is giving a BUY signal.
Out of 15 Moving average indicators, 9 are giving SELL signal, 1 is giving neutral and 5 are giving a BUY signal.
Trading volume has been high in the last 24 hours. If we don't see a sudden spike in volume then we can expect the above analysis to hold true.
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The analysis is based on signals from 26 technical indicators, out of which 15 are moving averages and the remaining 11 are oscillators. These indicator values are calculated using 4Hr candles.
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Any feedback and suggestions would help in further improving the analysis!
The price saw a bullish momentum as DOGEUSD accepted the bottom Bollinger band as a support line. The trading volume has been very high in the last 24 hours
Today’s Trend analysis
The price can be seen moving above the middle Bollinger band suggesting that the price has rejected the middle band as a resistance line and a bullish momentum may be in the future till the price reaches the upper band.
Price volatility was low at approximately 2.92%, with the day's range between $0.194 — $0.203.
Price at the time of publishing: $0.201
DOGE’s market cap: $26.28 Billion
However, the Indicator summary is giving a 'SELL' signal on DOGEUSD.
Out of 11 Oscillator indicators, 1 is giving a SELL signal, 9 are neutral and 1 is giving a BUY signal.
Out of 15 Moving average indicators, 9 are giving SELL signal, 1 is giving neutral and 5 are giving a BUY signal.
Trading volume has been high in the last 24 hours. If we don't see a sudden spike in volume then we can expect the above analysis to hold true.
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The analysis is based on signals from 26 technical indicators, out of which 15 are moving averages and the remaining 11 are oscillators. These indicator values are calculated using 4Hr candles.
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Any feedback and suggestions would help in further improving the analysis!
