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DOGECOIN MASSIVE BREAK OUT TODAY !! DOGE PRICE UPDATE

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Synopsis: Dogecoin price today is 0.123 $, with a 24 hour trading volume of 326 million $. Dogecoin is down 0,39% in the last 24 hours. The current CoinMarketCap ranking is 13, with a live market cap of 16 billion $. It has a circulating supply of 132 billion DOGE coins.
According to our current Dogecoin price prediction, the value of Dogecoin will drop by -7.24%, and reach 0.113 $ by March 11, 2022. According to our technical indicators, the current sentiment is Bearish, while the Fear & Greed Index is showing Extreme Fear. Dogecoin recorded 40% green days with 8.71%, price volatility over the last 30 days. Based on our Dogecoin forecast, it’s now a bad time to buy Dogecoin.

Based on today’s classical pivot point P1, with the value of 0.124 $, Dogecoin has support levels of 0.122 $, 0.120 $, and the strongest at 0.118 $. Similarly, Dogecoin resistance levels are at 0.126$,  0.128$, and 0.130$
To get a better idea of what could happen to the Dogecoin price in the future, it’s helpful to also explore Dogecoin’s price history. In the last month, the DOGE/USD pair is down -10.87%. The 1 year performance of DOGE/USD is 143.57%.

The Dogecoin price analysis for the day confirms a robust bullish trend. Throughout the day, the bulls have maintained control of the market as prices rose over an increasing movement, in the previous 24 hours. More profit appears to be on its way for Dogecoin investors, as the price just hit a high of $0.144. The daily price chart also indicates that prices, have been consolidating in a rising wedge formation.

Bullish traders will see this as an opportunity to buy, as the breakout could send prices much higher. The 100 SMA is still below the longer-term 200 SMA to signal that the path of least resistance, is to the downside. However, the gap between the moving averages, is narrowing to signal that bullish pressure is picking up. In addition, RSI is pointing up to reflect strengthening buying momentum.

Dogecoin price predictions for the short term, posit a continuation of the current uptrend. Resistance can be found at the 0.143 $ level, which was recently tested and failed to hold as support. The Bollinger bands are converging, decreasing volatility and a greater chance of an uptrend in the next few days. Meanwhile, the upper Bollinger band shows 0.171 $ of value, whereas the lower Bollinger band displays a 0.123 $ value. The Bollinger Bands average is standing at the 0.147 $ mark at present. Lastly, the Relative Strength Index RSI, score just reached 44.36 $, due to the recent upturn in price.
The hourly price prediction for DOGE USD, is in favor of the sellers, as a decline in coin value was detected, during the past few hours. The bears have made a successful return, in the last four hours as the cryptocurrency value receded to 0.144 $. This is rather discouraging news for the buyers, as the bulls were progres

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