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Weekly forecast Dogecoin technical chart

Trading suggestion:

  • By appearing primary signs of entering the market, new entry zone and short-term targets would be published.

DateAugust 8, 2022 - 21:08
Forecastcontinuation of downtrend

Midterm forecast:

  • 0.07350 is a major resistance, while this level is not broken, the Midterm wave will be downtrend.

Technical analysis:

  • While the RSI uptrend #1 is not broken, bullish wave in price would continue.
  • A trough is formed in daily chart at 0.06010 on 07/26/2022, so more gains maximum to Major Resistance (0.07350) is expected.
  • Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
  • Relative strength index (RSI) is 56.

Symbol Released Current Forecast
Dogecoin (DOGEUSD) Sun, 24 Sep 2023
Dogecoin (DOGEUSD) Sat, 16 Sep 2023
Dogecoin (DOGEUSD) Sun, 10 Sep 2023
Dogecoin (DOGEUSD) Sat, 2 Sep 2023
Dogecoin (DOGEUSD) Sun, 27 Aug 2023