What’s Happening With Dogecoin’s Price? –
The post What’s Happening With Dogecoin’s Price? – appeared on BitcoinEthereumNews.com. After days of bearish grind, Dogecoin price is attempting to reclaim higher ground near the $0.1720 mark. However, sellers remain active on the upside, capping DOGE’s recovery within a well-defined downtrend channel. The broader market shows mixed sentiment, and Dogecoin’s technical setup reflects a battle between key support defense and rising pressure from lower highs. What’s Happening With Dogecoin’s Price? DOGE price forecast (Source: TradingView) As of June 18, Dogecoin price today is hovering around $0.1715, up 0.35% intraday, but still locked below short-term resistance near $0.1760. The recent bounce off the $0.1650 support zone has helped DOGE avoid deeper losses for now. However, the downtrend structure remains intact, as marked by repeated trendline rejections across the 4-hour and daily charts. The Dogecoin price action continues to follow a descending channel, with the current pivot playing out between the 0.382 and 0.5 Fib extensions from the June swing high to low. Price is consolidating inside a narrow band just above the PF1 0.5R line at $0.1614, while $0.1766 and $0.1855 remain the next upside hurdles from a pivot standpoint. Dogecoin Price Prediction: EMA, Bollinger And Supertrend Confirm Bearish Structure DOGE price forecast (Source: TradingView) The 20/50/100/200 EMA cluster on the 4-hour chart shows bearish alignment, with Dogecoin price trading below all moving averages. The 20 EMA near $0.1738 and 50 EMA around $0.1787 are acting as dynamic resistances, reinforcing the rejection zone beneath $0.1760. Keltner and Bollinger Channels are both narrowing, reflecting Dogecoin price volatility compression. The upper Bollinger band sits near $0.1923 while the lower band is pushing up from $0.1654. This tightening structure often precedes a breakout move, with current bias favoring downside unless bulls flip the EMA cluster. DOGE price forecast (Source: TradingView) The Supertrend indicator has remained in a sell signal since early June and has…
The post What’s Happening With Dogecoin’s Price? – appeared on BitcoinEthereumNews.com.
After days of bearish grind, Dogecoin price is attempting to reclaim higher ground near the $0.1720 mark. However, sellers remain active on the upside, capping DOGE’s recovery within a well-defined downtrend channel. The broader market shows mixed sentiment, and Dogecoin’s technical setup reflects a battle between key support defense and rising pressure from lower highs. What’s Happening With Dogecoin’s Price? DOGE price forecast (Source: TradingView) As of June 18, Dogecoin price today is hovering around $0.1715, up 0.35% intraday, but still locked below short-term resistance near $0.1760. The recent bounce off the $0.1650 support zone has helped DOGE avoid deeper losses for now. However, the downtrend structure remains intact, as marked by repeated trendline rejections across the 4-hour and daily charts. The Dogecoin price action continues to follow a descending channel, with the current pivot playing out between the 0.382 and 0.5 Fib extensions from the June swing high to low. Price is consolidating inside a narrow band just above the PF1 0.5R line at $0.1614, while $0.1766 and $0.1855 remain the next upside hurdles from a pivot standpoint. Dogecoin Price Prediction: EMA, Bollinger And Supertrend Confirm Bearish Structure DOGE price forecast (Source: TradingView) The 20/50/100/200 EMA cluster on the 4-hour chart shows bearish alignment, with Dogecoin price trading below all moving averages. The 20 EMA near $0.1738 and 50 EMA around $0.1787 are acting as dynamic resistances, reinforcing the rejection zone beneath $0.1760. Keltner and Bollinger Channels are both narrowing, reflecting Dogecoin price volatility compression. The upper Bollinger band sits near $0.1923 while the lower band is pushing up from $0.1654. This tightening structure often precedes a breakout move, with current bias favoring downside unless bulls flip the EMA cluster. DOGE price forecast (Source: TradingView) The Supertrend indicator has remained in a sell signal since early June and has…
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