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Technical Analysis of Intraday Price Movement of Doge Cryptocurrency, Friday November 29, 2024.
Technical Analysis of Intraday Price Movement of Doge Cryptocurrency, Friday November 29, 2024.
Crypto-currencies
2024-11-29 04:49:59
Although on the 4-hour chart the Doge cryptocurrency looks stronger and is supported by confirmation of a BUY crossing from the Stochastic Oscillator indicator, the price movement moving within the Bearish Pitchfork channel gives an indication that Sellers have also started to enter this cryptocurrency, but as long as the strengthening does not break through and close above the 0.46680 level, Doge will plunge back down to test the Pitchfork middle line once again. If 0.37756 is successfully broken through and closes below it, Doge will continue its weakening to the 0.26659 level or the lower Pitchfork line.
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