Technical Analysis of Daily Price Movement of Doge Cryptocurrency, Friday June 09, 2023.
June 9, 2023 5:22 am
From its daily chart, Doge Cryptocurrency seems appear after hold on its Bearish Fair Value Gap area on the range 0,07511-0,06972 will continue its decline again where the Bearish movement is confirmed by the osMA indicator which is in the Negative area and price movements that move in a downward channel and below its 20 EMA ,so in the next few days it potentially will try to test the 0.06183 level unless it is on its way to the target level is suddenly corrected again by Doge rising above the level of 0.07604 it will change the bearish condition that is currently happening at Doge on the current daily chart.
(Disclaimer)
The material has been provided by InstaForex Company – www.instaforex.com
From its daily chart, Doge Cryptocurrency seems appear after hold on its Bearish Fair Value Gap area on the range 0,07511-0,06972 will continue its decline again where the Bearish movement is confirmed by the osMA indicator which is in the Negative area and price movements that move in a downward channel and below its 20 EMA ,so in the next few days it potentially will try to test the 0.06183 level unless it is on its way to the target level is suddenly corrected again by Doge rising above the level of 0.07604 it will change the bearish condition that is currently happening at Doge on the current daily chart.
(Disclaimer)
The material has been provided by InstaForex Company – www.instaforex.com
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