The Expected Correction May Occur In The Dogecoin Market

Dogecoin Could Start The Next Impulsive Rally

We have seen Dogecoin spike higher towards resistance at 0.1629 (the high has been seen at 0.1584). This spike is enough to fulfill the requirements for the rally from 0.055 and set the stage for a corrective decline towards at least 0.1116 and possibly even closer to support at 0.0883.

A break below support at 0.1258 will confirm that Dogecoin has peaked for now and the expected correction is unfolding.

 

Relevance up to 06:00 2022-11-03 UTC+1 Company does not offer investment advice and the analysis performed does not guarantee results. The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

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Dogecoin Could Start The Next Impulsive Rally

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