14.06.202407:51 Forex Analysis & Reviews: Technical Analysis of Intraday Price Movement of Doge Cryptocurrency, Friday June 14 2024.

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On the 4-hour chart of the Doge cryptocurrency, even though the 50 EMA is below the 200 EMA, which indicates that Sellers are still dominant on the 4-hour chart, the formation of a Bullish 123 pattern gives an indication that in the near future, as long as the Doge cryptocurrency does not fall, it will weaken below the level of 0.13688. This crypto has the potential to appreciate and rise to the level of 0.14635. If this level is successfully broken then 0.15061 will be the next target. Even if momentum and volatility support it, it is not impossible that the level of 0.15474 will be the next target to try to aimed for.

(Disclaimer)

Arief Makmur
Analytical expert of InstaForex
© 2007-2024

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