Dogecoin (DOGE) price is in a downtrend as the altcoin drops below the moving average lines.
Dogecoin (DOGE) לאנג טערמין פאָרויסזאָגן: בעריש
On September 24, the price of DOGE broke above the 50-day line SMA and the 21-day line SMA. The upward momentum was pushed back at a high of $0.068. The cryptocurrency fell sharply below the moving average lines and reached the low of $0.057.
The cryptocurrency is currently trading between $0.057 and $0.066. Today, the price of DOGE is rising above the 21-day line SMA and trying to reach the recent highs. However, selling pressure may resume if DOGE deviates from the moving average lines. A break below $0.057 support would send the altcoin back to the previous low at $049. Meanwhile, DOGE is trading at $0.061 at the time of writing.
דאָגעקאָין (DOGE) ינדיקאַטאָר רידינג
DOGE is at level 49 on the Relative Strength Index for period 14. RSI indicates that there is a balance between supply and demand. DOGE is trading between the moving average lines and may be back in a range. The market is in a bearish momentum as it is below the 80% area of the daily stochastic. The 21-day line SMA and the 50-day line SMA are sloping south, indicating a downtrend.
טעכניש ינדאַקייטערז:
שליסל קעגנשטעל לעוועלס - $ 0.08 און $ 0.10
שליסל שטיצן לעוועלס - $ 0.07 און $ 0.05
וואָס איז דער ווייַטער ריכטונג פֿאַר דאָגעקאָין (DOGE)?
Dogecoin will likely continue to fall as it turns away from its recent high. On September 26, a bearish candlestick tested the 61.8% Fibonacci retracement level. The retracement suggests that DOGE will fall to the 1.618 Fibonacci extension level or the $0.055 level.
אָפּלייקענונג. די אַנאַליסיס און פאָרויסזאָגן זענען די פערזענלעכע מיינונגען פון דעם מחבר און זענען נישט אַ רעקאָמענדאַציע צו קויפן אָדער פאַרקויפן קריפּטאָקוררענסי און זאָל ניט זיין וויוד ווי אַן ענדאָרסמאַנט דורך קאָין ידאָל. לייענער זאָל טאָן זייער אייגענע פאָרשונג איידער ינוועסטירן אין געלט.
Source: https://coinidol.com/dogecoin-attempts-to-recover/