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Cryptopolitan 2021-08-28 04:29:38

Dogecoin Price Analysis: DOGE/USD momentum indicator shows high chances of breaking out of $0.30

TL;DR Breakdown Today’s Dogecoin price analysis is suggesting a bullish trend line on the 24-hour chart The meme coin has been trading within a daily range of $0.2903 – $0.2995The MACD histogram on our 4-hour Dogecoin price analysis has turned green Today’s Dogecoin price analysis is suggesting a bullish trend line on the 24-hour chart after the coin rallied by 1.20 percent to the $0.2990 mark. We are expecting the DOGE/USD pair to rally high and break out of the $0.30 resistance.  The general cryptocurrency market is trading bullishly with the majority of the cryptos gaining more than 4 percent in the last 24 hours. Solana is the highest gainer of the day after it hit the $86 support. BTC and ETH gained 4.5 percent and 4.8 percent respectively.  Dogecoin price movement in the last 24 hours: Dogecoin battling $0.2990 resistance Our 24-hour Dogecoin price analysis suggests that the meme coin has been trading within a daily range of $0.2903 – $0.2995. The narrow intraday range suggests reduced volatility in the past 24 hours. Meanwhile, the daily trading olume across the Dogecoin market dropped by 3.20 percent and totaled $2.368 billion. On the other hand, the market capitalization for the meme-themed coin is $37 billion after an 8 percent positive change on the 24-hour session. DOGE/USD 4-hour chart: DOGE preparing to rally? According to the 4-hour Dogecoin price analysis chart, the DOGE/USD pair is trading at...

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