CoinEdition

Dogecoin's Future: Can the Bull Run Continue?

Panjang
BINANCE:DOGEUSDT   Dogecoin / TetherUS
The Relative Strength Index (RSI) shows a line at 39.58 and a rising gradient edging away from the 30-oversold boundary and steadily climbing to the 50-center line. If the RSI score remains stable, this can be a bullish indicator because it indicates that buying and selling activity is balanced.

Above chart show that the MACD line has crossed below the signal line, indicating that the MACD line has lost momentum after previously being above the signal line. The blue MACD line contacts -0.00027 while the signal line contacts 0.00004.

Bollinger band support - $0.08371
Bollinger band resistance - $0.08783

The majority of the technical indicators on the daily price chart point upward, raising the possibility that the rising momentum displayed by BTC is to be followed.

Penafian

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