Main Quotes Calendar Forum
flag

FX.co ★ Technical Analysis of Intraday Price Movement of Doge Cryptocurrency, Friday January 17, 2025.

parent
Crypto Analysis:::2025-01-17T06:51:23

Technical Analysis of Intraday Price Movement of Doge Cryptocurrency, Friday January 17, 2025.

Technical Analysis of Intraday Price Movement of Doge Cryptocurrency, Friday January 17, 2025.

Currently, the Doge cryptocurrency is being dominated by buyers, this can be seen from its price movement which is moving above the EMA (21) which also has a slope that is sloping upwards so that in the near future Doge has the potential to strengthen up to the level of 0.3980 as its main target and 0.40196 if the momentum of strengthening and volatility support it, but please note that because of the appearance of divergence between the Doge price movement and the Stochastic Oscillator indicator, there is a potential for a weakening correction as well, but as long as it does not break through and close below the level of 0.34777, Doge still has the potential to rise towards the targets that have been described previously.

(Disclaimer)

Analyst InstaForex
Share this article:
parent
loader...
all-was_read__icon
You have watched all the best publications
presently.
We are already looking for something interesting for you...
all-was_read__star
Recently published:
loader...
More recent publications...