i think its not going to hit 0.39 till tomorrow .
will breakout that resistance level soon but not in 1 or 2 days.
Crypto Perpetual Wanderer
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Can $DOGE break through the resistance level of around .39$ or goes down to support of 0.36$?
Its been some hours that doge tries to break through 0.39$ and max price of around .395$ in the past 24 hours, wasn’t much successful. Its 24 hour net inflow was 80m+ and greed and fear index is 73 showing a strong upward trend.
But, considering whales activity its long to short ratio is 0.4 : 1, means the anticipation of some big players is shorting the positions. On the positive side, if it breaks further, it means investors should further provide support to prevent liquidation and increase of the inflow.
To break the resistance level it needs further in flow to be a healthy growth.
What do you think? Does it go up or goes back to support level of around .36$?
Its been some hours that doge tries to break through 0.39$ and max price of around .395$ in the past 24 hours, wasn’t much successful. Its 24 hour net inflow was 80m+ and greed and fear index is 73 showing a strong upward trend.
But, considering whales activity its long to short ratio is 0.4 : 1, means the anticipation of some big players is shorting the positions. On the positive side, if it breaks further, it means investors should further provide support to prevent liquidation and increase of the inflow.
To break the resistance level it needs further in flow to be a healthy growth.
What do you think? Does it go up or goes back to support level of around .36$?
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