23.12.202206:35 Forex Analysis & Reviews: Technical Analysis of Intraday Price Movement of Doge Cryptocurrency, Friday December 23, 2022

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With the emergence of deviations between the price movements of the Cryptocurrency Doge and the CCI indicator followed by the presence of the Bullish 123 pattern accompanied by a Ross Hook (RH) breakout in the Bullish Pitchfork channel, in the near future this Crypto currency has the potential to appreciate to the level of 0.07854 as its first target and 0.08293 as the second target but if on the way to these targets the Doge suddenly drops back down past the 0.06993 level then all scenarios of a bullish rally that have been described will be automatically canceled and become invalid.

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Arief Makmur
Analytical expert of InstaForex
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