The post Dogecoin (DOGE) Price Targets $0.1930 With Golden Crossover appeared on BitcoinEthereumNews.com.

With the crypto market witnessing a roller coaster ride last week, the meme coins, volatile as ever, mark quick turns. The biggest meme coin, per market cap, Dogecoin (DOGE) price volatility increases but remains positive with the 30D gains at 15.66%.  As the DOGE remains one of the few positive top meme coins, is this the best time to buy DOGE before the next bull run? Let’s find out.  Dogecoin Price Performance In the daily chart, the bullish trend in the DOGE price takes a halt before the $0.15 psychological mark. The bullish trend in Dogecoin ignites from the falling wedge breakout rally and results in a golden crossover in the 50D and 200D EMA.  Tradingview Based on the Fibonacci retracement levels, the uptrend in Dogecoin (DOGE) price struggles to surpass the 38.20% level at $0.14232. With a quick v-shaped reversal before touching the 23.60% level at $0.12397, the sideways trend prolongs for Dogecoin.  Currently, the intraday pullback of 0.83% tests the 38.20% level as the DOGE price trades at $0.14291 after the 4.95% jump on Sunday.  As the bullish trend teases an extension, the price action traders must wait for a new higher high above the $0.15 mark.  Technical Indicators: RSI: The sideways struggle shows a bearish divergence in the daily RSI line, warning of an underlying weakness.  EMA: The uptrend in the 50D EMA results in the golden crossover with the 200D EMA. This marks an increased possibility of an extended bull run.  Hence, the technical indicators bolster the uptrend chances in Dogecoin (DOGE) price. 80% Dogecoin Volume In The Money Teases Uptrend Extension Based on the Global in/out of the money indicator from into the block, 80% of Dogecoin (DOGE) volume is “in the money” or buying price less than the current price. The current band or…

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Filed under: News - @ October 28, 2024 9:17 am