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- The 24 hours trading volume of the token is 2,615,342,606 and the massive gain of 115.55% was seen. The live price of DOGE is $0.190180
- The token has shown the pattern of three outside up.
- The RSI oscillator for DOGE shows the BUY action.
The DOGE has been running well below its 200 days moving average but above its 50 days moving average. The chart above shows the movement of the token with respect to SMA-20, SMA-50 and SMA-200. The token was unable to touch SMA-200 but SMA-50 was achievable at times. The trendline marked in the chart shows the movement of SMA-20 above and below to SMA-50 and so the returns were approximately 15-20% (Max.) in this timeframe.
An RSI oscillator is also present in the chart which shows the proper time to buy or sell the token. RSI for the last 5 hours shows the value of 49.174 and marks the neutral action. MA-5, MA-10 and MA-20 show the buy action as well but MA-100 and MA-200 shows the sell action. However, the DOGE at present is all set to sell if you are doing a short term trading as the returns have showed a hike.
The bull/bear power has the value of 0.0138 and shows the buy action. The high/low marks the buy action with the value of 0.0028.
The DOGE-BTC pair is trailing at the level of 0.000005957 and the gain of 9.22% was seen whereas the DOGE-ETH pair is trailing at the level of 0.00009667 and the gain by 6.67% was seen in the last 24 hours. The token has shown the percentage change by 11.29% since yesterday’s open.
The volume/market cap of the token is 0.1056 and its market dominance is 1.89%.
Conclusion: The days range for the coin is 0.170040-0.205300 and presently is at 0.191350. The token is expected to show rise in the coming time and if you wish to purchase this token then long it as SMA-20 is below SMA-50 and SMA-200. If you have already purchased the token then sell it if you have attained the decent returns. The DOGE has been showing great hikes as candles are forming higher by touching 50 DMA and it is a fine time to buy the token.
Technical Instruments:
Pivot: 0.192270
R-1: 0.198287
R-2: 0.202004
S-1: 0.186253
S-2: 0.182536
Note:
- The unit is USD
- SMA-20: Green colour
- SMA-50: Red colour
- SMA-200: Blue colour
Andrew is a blockchain developer who developed his interest in cryptocurrencies while pursuing his post-graduation major in blockchain development. He is a keen observer of details and shares his passion for writing, along with coding. His backend knowledge about blockchain helps him give a unique perspective to his writing skills, and a reliable craft at explaining the concepts such as blockchain programming, languages and token minting. He also frequently shares technical details and performance indicators of ICOs and IDOs.
