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03.05.2024 05:46 AM
Technical Analysis of Intraday Price Movement of Doge Cryptocurrency, Friday May 03 2024.

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On the 4 hour chart of Doge cryptocurrency, Seller seems still looks dominating where this is shown by the MA 20 which is below MA 200. However, with the price movement which successfully broken above the MA 20, gives the opportunity for Doge to be corrected to rise above the 0,1397 level and if the momentum as well as the volatility is quite significant, then it is not impossible that the level 0,14589 will be the next target to be aimed unless if on the way to those levels suddenly Doge return to the initial bias especially if weaken down and return below the level 0,12404, the, all the strengthening scenario that has been described before will become invalid and will automatically cancel itself.

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