DOGE/USDT analisys and price outlook
The flat 20-day EMA and the RSI near the midpoint suggest a balance between supply and demand.
If the DOGE/USDT pair continues its slide and breaks below the neckline of the head and shoulders pattern, the selling could intensify. The bulls may try to arrest the decline at $0.21 but if they fail to do so, the pair may drop to $0.10.
This negative view will nullify if the price bounces off the neckline and rises above $0.47. Such a move will indicate the bulls are back in the driver’s seat and the pair could then rally to $0.59.
If the DOGE/USDT pair continues its slide and breaks below the neckline of the head and shoulders pattern, the selling could intensify. The bulls may try to arrest the decline at $0.21 but if they fail to do so, the pair may drop to $0.10.
This negative view will nullify if the price bounces off the neckline and rises above $0.47. Such a move will indicate the bulls are back in the driver’s seat and the pair could then rally to $0.59.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.