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31.03.2023 08:27 AM
Technical Analysis of Daily Price Movemet of Doge Cryptocurrency, Friday March 31, 2023.

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On the daily chart, the Doge currency looks to be moving in a ranging condition in the past few days where this is confirmed by the movement of the 21 EMA which moves within the bodies of the candles even though the dominance of sellers seems to be reappearing where this can be seen by the appearance the Rising Wedge pattern and the Bearish 123 pattern so that in the next few days the Doge has the potential to fall down to the 0.06839 level as the first target and the 0.06110 level as the second target if the momentum and volatility are sufficiently supportive. a significant upside correction, especially if it goes above the 0.07911 level because if this level is successfully broken it will abort the downside scenario that has been described previously.

(Disclaimer)

Arief Makmur,
Analytical expert of InstaForex
© 2007-2024
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