Dogecoin (DOGE) price has resumed an uptrend as it broke above the 21-day SMA.
Dogecoin tau vavalo umi: bullish
Since January 18, the cryptocurrency value was trapped between the moving average lines. The altcoin fell to a low of $0.070 on January 18 as bulls bought the dips. The DOGE price then rose to a high of $0.08. It will be a challenge for buyers to resume the uptrend. If the resistance at $0.09 and $0.010 is broken, DOGE will rise to its previous high of $0.11. However, if the altcoin is not able to overcome the resistance at $0.09, it might continue its movement within the range between $0.08 and $0.09.
Fa'aaliga fa'ailoga Dogecoin
Dogecoin is in the uptrend zone at level 61 of the Relative Strength Index for the period 14. If the price bars are above the moving average lines, the altcoin will rise. The horizontal slopes of the 50-day and 21-day SMAs indicate a trend. The 80% area of the daily stochastic is above the cryptocurrency value. This means that DOGE has reached the overbought zone.
Faʻamatalaga faʻapitoa
Laʻasaga teteʻe autu - $ 0.12 ma le $ 0.14
Maualuga lagolago tulaga - $ 0.06 ma le $ 0.04
O le a le isi itu mo Dogecoin?
Since January 14, DOGE has been moving between $0.08 and $0.09 on the 4-hour chart. At $0.09, the altcoin is currently retesting the resistance area. The cryptocurrency could fall due to the rejection of the recent high. As long as the current levels are not breached, the movement within the range will remain.
Fa'ailoga. O lenei auʻiliʻiliga ma faʻamatalaga o manatu patino ia o le tusitala ma e le o se fautuaga e faʻatau pe faʻatau atu cryptocurrency ma e le tatau ona vaʻaia o se faʻamaoniga a le Coin Idol. E tatau i le aufaitau ona faia a latou lava suʻesuʻega aʻo leʻi faʻatupeina tupe.
Source: https://coinidol.com/dogecoin-continues-upward-trend/