DOGE Currency | Technical Analysis 30m
In the midst of Bitcoin's volatility, Dogecoin is trying to establish its presence and hold on to strong support areas.
Current Support: 0.15620
Most Important Resistance: 0.16104
RSI around 53: Neutral with a slight upward bias.
MACD shows convergence in the signal lines: Ready for a breakout?
Bollinger Bands are giving signals of contraction that could be followed by a strong movement soon.
The candles are trading within a narrow range, and the decisive factor will be Bitcoin's movement which could pull the market in any direction.
DOGE always surprises, especially with "Elon Musk" backing it with his continuous support.
Are you preparing for a jump or is there still a drop ahead?
Share your opinion in the comments!