Dogecoin Price Prediction: Traders Eye Breakout as Momentum Builds
- Dogecoin consolidates below key EMAs as traders await a decisive breakout signal.
- Rising open interest near $1.73B suggests traders preparing for directional move.
- Exchange inflows and KuCoin’s KuPool launch hint at renewed DOGE accumulation.
Dogecoin is trading near $0.1946, reflecting muted intraday activity as the meme token consolidates after recent volatility. The asset continues to face strong resistance, with short-term traders observing tightening price action around key technical levels. Despite subdued momentum, on-chain metrics and exchange data suggest that accumulation may be emerging after months of sell-side pressure.
Consolidation Near Key Fibonacci Levels
DOGE has been consolidating below the 0.236 Fibonacci retracement at $0.2025 following its earlier pullback from $0.2889. The token remains trapped below the 20, 50, 100, and 200-period EMAs,…
Read The Full Article Dogecoin Price Prediction: Traders Eye Breakout as Momentum Builds On Coin Edition.
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Dogecoin Price Prediction: Traders Eye Breakout as Momentum Builds
- Dogecoin consolidates below key EMAs as traders await a decisive breakout signal.
- Rising open interest near $1.73B suggests traders preparing for directional move.
- Exchange inflows and KuCoin’s KuPool launch hint at renewed DOGE accumulation.
Dogecoin is trading near $0.1946, reflecting muted intraday activity as the meme token consolidates after recent volatility. The asset continues to face strong resistance, with short-term traders observing tightening price action around key technical levels. Despite subdued momentum, on-chain metrics and exchange data suggest that accumulation may be emerging after months of sell-side pressure.
Consolidation Near Key Fibonacci Levels
DOGE has been consolidating below the 0.236 Fibonacci retracement at $0.2025 following its earlier pullback from $0.2889. The token remains trapped below the 20, 50, 100, and 200-period EMAs,…
Read The Full Article Dogecoin Price Prediction: Traders Eye Breakout as Momentum Builds On Coin Edition.
Read More
XRP Price Prediction: Can XRP Extend Its Rally Beyond $2.78 Resistance?