#USStablecoinBill
Dogecoin (DOGEUSDT) is receiving some support – Analysis – 05-05-2025 $DOGE
The price of Dogecoin (DOGEUSDT) has made a slight advance during its recent trading sessions, supported by its 50-day simple moving average, which has given it some positive momentum, amidst a short-term corrective upward wave, with relative strength indicators reaching overbought areas compared to the actual price movement, reinforcing the upward price movement.
Therefore, expectations indicate more upward movement for the currency's price in the upcoming trades, as long as the support at $0.17 holds, targeting the resistance level at $0.21.
Expected direction for upcoming trades: Bullish
Dogecoin (DOGEUSDT) is receiving some support – Analysis – 05-05-2025 $DOGE
The price of Dogecoin (DOGEUSDT) has made a slight advance during its recent trading sessions, supported by its 50-day simple moving average, which has given it some positive momentum, amidst a short-term corrective upward wave, with relative strength indicators reaching overbought areas compared to the actual price movement, reinforcing the upward price movement.
Therefore, expectations indicate more upward movement for the currency's price in the upcoming trades, as long as the support at $0.17 holds, targeting the resistance level at $0.21.
Expected direction for upcoming trades: Bullish
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DOGE
0.17116
-0.80%