What Does the Chart Appear Like on Friday?
Dogecoin has been given a weak long-term technical score of 22 by InvestorsObserver. The news site’s analysis draws on trading patterns over the past year, taking into account the coin’s support and resistance levels as well as where it stands in relation to long-term averages. It suggests that traders are bearish on the coin in the long term, with Dogecoin’s current trading price of $0.07, 7.64% below the coin’s 100-day moving average. DOGE is trading $0.02 above its 52-week low, but is $0.08 under its 52-week high price of $0.16. Dogecoin’s market capitalisation stands at almost $10.3bn.
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