Is Dogecoin Correction Over?
We are witnessing the DOGEUSD lowest level since its latest rally when it has reached the 0.74 level. On the hourly charts, the DOGEUSD has retreated to the 100% Fibonacci level. We see that MACD indicator indicates a bullish crossover, and the DOGEUSD has crossed the 25-hours EMA slightly.
We keep an eye at the 0.0712 level. Breaching that level beside crossing the 50-EMA may lead the DOGEUSD to yellow area started from 0.0751 to 0.0766. On the other side, retracing heavily below the 25-hour EMA and the 0.0654 level may invalid this hypothesis.
We keep an eye at the 0.0712 level. Breaching that level beside crossing the 50-EMA may lead the DOGEUSD to yellow area started from 0.0751 to 0.0766. On the other side, retracing heavily below the 25-hour EMA and the 0.0654 level may invalid this hypothesis.
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