DOGE / USD continued to rise, but showed rapid reversals after gains.
DOGE / USD is showing signs of price volatility due to relative demand in cryptocurrency, but it also has its own trading characteristics. Dogecoin is trading for over 13 cents in a seemingly convenient way. However, this is cryptocurrency, one of the most well-known cryptocurrencies, so the word convenient is based on instant gratification.
DOGE / USD has recently given the highest yield in the 14 cents view on 1St And 2We In March, Dogecoin certainly did not touch 14 cents. After a strong buying spree, the price change may be enough to scare away conservative assumptions, which see the 14 cents rise higher before deciding to dive into what is considered a positive trend.
Surprisingly, the DOGE / USD low-volatility technical support started to rise, and the 13-cent level was the most stable since the 28th.We February. Traders should use parking losses and always avoid the risk of a sudden sharp fall. However, Dogecoin’s 13-cent start-up ability can be attractive to buy runners.
The vast cryptocurrency market saw major digital assets this week. The trip to the short-term highs has been reversed, but the nervous system is starting to show signs of speculative purchases. Skeptics may still be considering a long-term bearish trend for most major crypto currencies, but optimistic about the upward trend, they may be looking at the current price action, including the DOGE / USD, and believe signs are beginning to show signs. Life for the highest possible activities.
Consumer buyers may want to see the DOGE / USD low values and wait for the support levels to cross before longing. If the DOGE / USD can keep its value above 0.13200000 in the short term, it could be an indication that there is more room to move. Traders should use entry pricing orders to ensure that their ‘fulfillment’ is met and remember not to overreact when looking for potential profits. DOGE / USD may re-examine recent highs in the last two days.
Dogecoin Short View
Current resistance: 0.13440000
Current support: 0.13060000
Top target: 0.13900000
Low target: 0.12660000