• About us
  • Contcat Us
Tuesday, March 28, 2023
DogeNews.com
  • dogecoinDogecoin$0.0728850.49%
No Result
View All Result
  • Login
  • News
    • All
    • Price Analysis
    Dogecoin Surges 6% After Elon Musk Unveils Crypto Payment Master Plan

    Dogecoin Surges 6% After Elon Musk Unveils Crypto Payment Master Plan

    Dogecoin Price Analysis Doge Price

    Dogecoin (DOGE) Shows Bullish Momentum at $0.0690

    dogecoin price doge price trading

    Dogecoin reaches three-week high as cryptocurrency market trends upwards

    Trending Tags

    • dogecoin
    • doge
    • dogecoin price
    • elon musk
    • doge news
  • Dogecoin Price
  • What is Dogecoin
  • Dogecoin Wallets
  • Dogecoin Community
  • Other Stuff
    • Videos
      • Matt Wallace (Final Stand)
    • NFTs
    • Memes
  • News
    • All
    • Price Analysis
    Dogecoin Surges 6% After Elon Musk Unveils Crypto Payment Master Plan

    Dogecoin Surges 6% After Elon Musk Unveils Crypto Payment Master Plan

    Dogecoin Price Analysis Doge Price

    Dogecoin (DOGE) Shows Bullish Momentum at $0.0690

    dogecoin price doge price trading

    Dogecoin reaches three-week high as cryptocurrency market trends upwards

    Trending Tags

    • dogecoin
    • doge
    • dogecoin price
    • elon musk
    • doge news
  • Dogecoin Price
  • What is Dogecoin
  • Dogecoin Wallets
  • Dogecoin Community
  • Other Stuff
    • Videos
      • Matt Wallace (Final Stand)
    • NFTs
    • Memes
No Result
View All Result
DogeNews.com
No Result
View All Result
Home News

Dogecoin Price Analysis: DOGE shows consistency at $0.0594

Doge News by Doge News
October 11, 2022
in News, Price Analysis
1.3k 32
0
Dogecoin Price Analysis Doge Price
840
SHARES
3.3k
VIEWS
Share on FacebookShare on Twitter

TL;DR Breakdown

  • Dogecoin price analysis is bearish today.
  • The strongest resistance is present at $0.0652.
  • The strongest support is present at $0.0588.

Dogecoin price analysis for October 11, 2022, shows the meme cryptocurrency following a consistent movement for the last 48 hours. The price spiked from $0.0581 to $0.0606 on October 10, 2022. Dogecoin gained a negative movement today and significantly decreased its value. Today the cryptocurrency continues a bullish movement and is at $0.0594 at the time of writing.

READ ALSO

Dogecoin Surges 6% After Elon Musk Unveils Crypto Payment Master Plan

Dogecoin (DOGE) Shows Bullish Momentum at $0.0690

Dogecoin has been down 1.98% in the last 24 hours with a trading volume of $302,586,207 and a live market cap of $7,962,066,968, and DOGE currently ranks at #10. However, the cryptocurrency shows potential for a reversal as the recent price analysis indicates the DOGE cost is moving toward the resistance.

DOGE/USD 4-hour price analysis: Recent developments
Dogecoin price analysis seems to show the market following a positive movement, with the market’s volatility entering an opening movement, consequently expanding the market. This makes the price of the cryptocurrency more prone to experience volatile change on either extreme. As a result, Bollinger’s band upper limit is present at $0.0634, representing the strongest resistance for DOGE. Conversely, the lower limit of Bollinger’s band is present at $0.0588, representing the strongest support for the meme cryptocurrency.

The DOGE/USD appears to cross under the curve of the Moving Average, indicating a bearish movement. The price seems to move upwards towards the MA curve, attempting to break it. As the volatility happens to open, this could be in favor of the bulls, as a breakout would explode the volatility providing more room to the bulls for further activity.

Dogecoin Price Analysis 2022-10-11DOGE/USD 4-hour price chart Source: TradingView

Dogecoin price analysis reveals the Relative Strength Index (RSI) to be 33, indicating a low value for DOGE, falling under the lower neutral region. In addition, the RSI score appears to move linearly, indicating a dormant market and equivalence of buying and selling activities signifying consistency in the market, the market has the opportunity to move to either extreme.

Dogecoin price analysis for 24 hours
Dogecoin price analysis shows the market to be following a constant movement, with its volatility on the down low. In addition, the market appears to be undergoing a squeezing movement, indicating future volatility bursts. This makes the DOGE price less prone to undergo change on either extreme. The upper limit of Bollinger’s band exists at $0.0652, serving as the strongest resistance of DOGE. Conversely, the lower limit of Bollinger’s band is at $0.0580, representing the strongest support for DOGE.

Dogecoin appears to follow a bearish movement, with the DOGE/USD price crossing under the curve of the Moving Average. The downward movement indicates a declining market for the meme cryptocurrency. The price attempts to meet the Moving Average soon. If they happen to meet, the market will break and reverse the market dynamic.

Dogecoin Price Analysis 1 Day ChartDOGE/USD 1-day price chart Source: TradingView

The Relative Strength Index (RSI) score is 44, signifying the stability of the cryptocurrency. Dogecoin falls in the lower neutral region, following a linear movement. The consistency in the RSI score represents the equivalence of the buying and selling activity and movement toward stability.

Dogecoin Price Analysis Conclusion
Dogecoin price analysis reveals the cryptocurrency following a constant movement, showing potential towards either extreme. However, the market shows colossal potential for a reversal in the coming days. If the bulls manage to use it to their advantage, they might engulf the market and help raise the price of Dogecoin beyond expectations.

 

 

Continue Reading >>

Tags: 4 Hour Dogecoin price analysis4 hr Dogecoin price analysisAnalysisBullsDaily Dogecoin price analysisdogedoge priceDoge price analysisDOGE USDdogecoinDogecoin 1 day price chartDogecoin 4 hour price chartDogecoin analysisDogecoin CryptocurrencyDogecoin price analysisDogecoin price analysis 24 hoursdogecoin price predictionDogecoin price prediction this yeardogecoin price predictionsDogecoin RSI ScoreMA CurveMoving AveragePrice AnalysisRSIRSI ScoreTradingViewTradingView.com

Related Posts

Dogecoin Surges 6% After Elon Musk Unveils Crypto Payment Master Plan
News

Dogecoin Surges 6% After Elon Musk Unveils Crypto Payment Master Plan

March 14, 2023
Dogecoin Price Analysis Doge Price
News

Dogecoin (DOGE) Shows Bullish Momentum at $0.0690

March 12, 2023
dogecoin price doge price trading
Dogecoin Price

Dogecoin reaches three-week high as cryptocurrency market trends upwards

January 9, 2023
Dogecoin To The Moon Bull Run
News

Dogecoin (DOGE) Prints Bullish Pattern, Why It Could Surge to $0.11

November 16, 2022
Dogecoin, SHIB Plummet as Crypto Market Sheds $44B Overnight
News

Dogecoin, SHIB Plummet as Crypto Market Sheds $44B Overnight

November 8, 2022
Revolut Credit Card Dogecoin Cashback
News

Revolut Launches Crypto Card Allowing Users To Receive Cashback in Dogecoin

November 3, 2022

POPULAR NEWS

dogecoin price doge price trading

Dogecoin Now 2nd Largest Proof-of-Work Coin After Ethereum Merge

September 26, 2022
PAY WITH DOGE (Burnt Hair Frangrance) By (Elon Musk) The Boring Company

Elon Musk’s Boring Company to Accept Dogecoin (DOGE) for Payments

October 15, 2022
Dogecoin Wallets - The Best Doge Wallet

Dogecoin Wallets

October 5, 2022
Dogecoin To The Moon Bull Run

Dogecoin (DOGE) Prints Bullish Pattern, Why It Could Surge to $0.11

November 16, 2022
Dogecoin core update

Dogecoin: This crucial core update will drive prices to the moon – Here are the details

October 16, 2022
DOGE CLUB NFT DOGE CLUB NFT DOGE CLUB NFT
ADVERTISEMENT

Doge Newsletter

EDITOR'S PICK

Dogecoin, SHIB Plummet as Crypto Market Sheds $44B Overnight

Dogecoin, SHIB Plummet as Crypto Market Sheds $44B Overnight

November 8, 2022
Dogecoin DOGE Doge Community

Here’s Why The Dogecoin Community Is Bullish On Elon Musk’s Twitter Purchase

October 9, 2022
Elon Musk GUARANTEES Dogecoin 2,500% SPIKE

Elon Musk GUARANTEES Dogecoin 2,500% SPIKE

October 4, 2022
Revolut Credit Card Dogecoin Cashback

Revolut Launches Crypto Card Allowing Users To Receive Cashback in Dogecoin

November 3, 2022

Donations Welcome

  • Dogecoin
Scan to Donate Dogecoin to DBYenKne4fLjofmLXdruaqvAeLyFek4LEf

Donate Dogecoin(DOGE) to this address

Scan the QR code or copy the address below into your wallet to send some Dogecoin(DOGE)

About us

Doge News aim to be a world leading resource tool for everything surrounding Dogecoin (DOGE) and the fantastic doge community! #ToTheMoon

Read More

Follow us

Categories

  • Dogecoin Price
  • Dogecoin Wallets
  • Matt Wallace
  • News
  • Price Analysis
  • Videos

Recent Posts

  • Dogecoin Surges 6% After Elon Musk Unveils Crypto Payment Master Plan
  • Dogecoin (DOGE) Shows Bullish Momentum at $0.0690
  • Dogecoin reaches three-week high as cryptocurrency market trends upwards
  • Dogecoin (DOGE) Prints Bullish Pattern, Why It Could Surge to $0.11

Doge Newsletter

Donate

  • Donate withDogecoin
  • Donate Dogecoin(DOGE) to this address

    Scan to Donate Dogecoin to DBYenKne4fLjofmLXdruaqvAeLyFek4LEf

© 2022 DogeNews.com - To The Moon!

No Result
View All Result
  • News
  • Dogecoin Price
  • Dogecoin Wallets
  • What is Dogecoin?
  • Dogecoin Community
  • NFTs
  • Memes
  • Videos
    • Matt Wallace (Final Stand)
  • About us
  • Contact us

© 2022 DogeNews.com - To The Moon!

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

Go to mobile version