DOGE Price Analysis for October 18
The post DOGE Price Analysis for October 18 appeared on BitcoinEthereumNews.com. Cover image via www.tradingview.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. The growth has not lasted long, according to CoinStats. DOGE chart by CoinStats DOGE/USD DOGE is no exception to the rule, going down by 1%. Image by TradingView On the hourly time frame, the rate of DOGE is near the local support level, which means that bears are not going to give up so easily. If the daily bar closes around $0.05850, the breakout may lead to a blast to the $0.05830 zone soon. Image by TradingView A similar picture can be seen on the bigger time frame, even though the price of DOGE is far from the support. Currently, traders should pay attention to the interim zone of $0.057. If the decline continues to it, one should expect a possible test of the $0.05560 level. Image by TradingView From the midterm point of view, it is too early to make any predictions as a few days remain until the candle’s closure. If it happens below the last bar low, the correction is likely to continue to the $0.052-$0.054 area. DOGE is trading at $0.05859 at press time. About the author Denys Serhiichuk With more than 5 years of trading, Denys has a deep knowledge of both technical and fundamental market analysis. Mainly, he has started his blog on TradingView where publishes all relevant information and makes predictions about top coins.Thus,…
The post DOGE Price Analysis for October 18 appeared on BitcoinEthereumNews.com.
Cover image via www.tradingview.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. The growth has not lasted long, according to CoinStats. DOGE chart by CoinStats DOGE/USD DOGE is no exception to the rule, going down by 1%. Image by TradingView On the hourly time frame, the rate of DOGE is near the local support level, which means that bears are not going to give up so easily. If the daily bar closes around $0.05850, the breakout may lead to a blast to the $0.05830 zone soon. Image by TradingView A similar picture can be seen on the bigger time frame, even though the price of DOGE is far from the support. Currently, traders should pay attention to the interim zone of $0.057. If the decline continues to it, one should expect a possible test of the $0.05560 level. Image by TradingView From the midterm point of view, it is too early to make any predictions as a few days remain until the candle’s closure. If it happens below the last bar low, the correction is likely to continue to the $0.052-$0.054 area. DOGE is trading at $0.05859 at press time. About the author Denys Serhiichuk With more than 5 years of trading, Denys has a deep knowledge of both technical and fundamental market analysis. Mainly, he has started his blog on TradingView where publishes all relevant information and makes predictions about top coins.Thus,…
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