$DOGE
Dogecoin price trades at $0.082 on Monday after falling more than 12% last week. DOGE is holding above the 100-day Exponential Moving Average (EMA) at $0.081 and the 50-day EMA at $0.078 but remains capped beneath the 200-day EMA at $0.093, keeping the broader tone neutral-to-bearish.
The Relative Strength Index (RSI) around 53 suggests momentum has cooled from prior overbought extremes. At the same time, the latest Moving Average Convergence Divergence (MACD) reading has slipped marginally negative, hinting at waning upside pressure after the recent spike.
On the topside, initial resistance sits at $0.088, with stronger supply expected at the 200-day EMA near $0.093 and then the structural barrier at $0.102.
On the downside, immediate support is anchored around the current area and the 100-day EMA at $0.081, followed by the 50-day EMA at $0.078; a deeper pullback would expose the horizontal floor at $0.070 and the prior trendline break region near $0.067 as the next key demand zones.
#doge #WTICrudeBreaksAbove$85 #GoldHits$4444.82InEarlyTrading #UKReleasesFirstCryptoGainsTaxStats #YenBreaks160AgainstDollar
Dogecoin price trades at $0.082 on Monday after falling more than 12% last week. DOGE is holding above the 100-day Exponential Moving Average (EMA) at $0.081 and the 50-day EMA at $0.078 but remains capped beneath the 200-day EMA at $0.093, keeping the broader tone neutral-to-bearish.
The Relative Strength Index (RSI) around 53 suggests momentum has cooled from prior overbought extremes. At the same time, the latest Moving Average Convergence Divergence (MACD) reading has slipped marginally negative, hinting at waning upside pressure after the recent spike.
On the topside, initial resistance sits at $0.088, with stronger supply expected at the 200-day EMA near $0.093 and then the structural barrier at $0.102.
On the downside, immediate support is anchored around the current area and the 100-day EMA at $0.081, followed by the 50-day EMA at $0.078; a deeper pullback would expose the horizontal floor at $0.070 and the prior trendline break region near $0.067 as the next key demand zones.
#doge #WTICrudeBreaksAbove$85 #GoldHits$4444.82InEarlyTrading #UKReleasesFirstCryptoGainsTaxStats #YenBreaks160AgainstDollar
