According to the Stochastic Oscillator, the %K exceeds the %D line. Also, the indicator value surged above the oversold zone (25), suggesting a possible bullish move ahead.<\/p>\n\n\n\n
If DOGE fails to remain above the current support ($0.0712), we\u2019ll consider the price rejoining the recent downtrend and may head towards a further downside target near $0.0564.<\/p>\n\n\n\n
See Related:<\/em><\/strong> Hopeful That ZCash And Dogecoin Move To PoS \u2013 Vitalik Buterin<\/a><\/p>\n","post_title":"$DOGE Looks Steady Above $0.0725 And May Pullback To The Critical Resistance Near $0.0917 \u2013 Dogecoin Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"doge-looks-steady-above-0-0725-and-may-pullback-to-the-critical-resistance-near-0-0917-dogecoin-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 17:43:20","post_modified_gmt":"2023-04-10 07:43:20","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9213","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
We\u2019ll closely watch the next crossover between 50 and 100 EMA for more significant trend confirmation. If the EMAs plot a bullish crossover and the DOGEUSD manage to hold above $0.0712, we may see the price initiate a bullish trend from this level and approach the current resistance near $0.0917.<\/p>\n\n\n\n According to the Stochastic Oscillator, the %K exceeds the %D line. Also, the indicator value surged above the oversold zone (25), suggesting a possible bullish move ahead.<\/p>\n\n\n\n If DOGE fails to remain above the current support ($0.0712), we\u2019ll consider the price rejoining the recent downtrend and may head towards a further downside target near $0.0564.<\/p>\n\n\n\n See Related:<\/em><\/strong> Hopeful That ZCash And Dogecoin Move To PoS \u2013 Vitalik Buterin<\/a><\/p>\n","post_title":"$DOGE Looks Steady Above $0.0725 And May Pullback To The Critical Resistance Near $0.0917 \u2013 Dogecoin Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"doge-looks-steady-above-0-0725-and-may-pullback-to-the-critical-resistance-near-0-0917-dogecoin-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 17:43:20","post_modified_gmt":"2023-04-10 07:43:20","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9213","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Dogecoin began a solid downside rally since the price got rejected at $0.1100 on December 5th. However, the bearish move stalled near the long-term support at $0.0725 since the price pulled back above the support with a steady bullish momentum.<\/p>\n\n\n\n We\u2019ll closely watch the next crossover between 50 and 100 EMA for more significant trend confirmation. If the EMAs plot a bullish crossover and the DOGEUSD manage to hold above $0.0712, we may see the price initiate a bullish trend from this level and approach the current resistance near $0.0917.<\/p>\n\n\n\n According to the Stochastic Oscillator, the %K exceeds the %D line. Also, the indicator value surged above the oversold zone (25), suggesting a possible bullish move ahead.<\/p>\n\n\n\n If DOGE fails to remain above the current support ($0.0712), we\u2019ll consider the price rejoining the recent downtrend and may head towards a further downside target near $0.0564.<\/p>\n\n\n\n