DOGE Dogcoin price reaches $0.12799 per coin, up 3.56% intraday
DOGE dog coin dogecoin price quote today, DOGE dog coin latest price breakthrough to $0.12799, up 3.56%, trading volume of $2.299 billion
Analysis of the k-chart shows that the trend is now oscillating. It fell sharply compared to 17:00 and recovered from 14:00. When both price and volume fall, it usually means that the market is less active, with both buyers and sellers inactive.
The market may be in a wait-and-see mode, waiting for new drivers to emerge. In this case, prices may continue to slump or move sideways in the future until new market news or events break the stalemate. Investors should pay close attention to market changes and events that may trigger volatility in the market.
Oscillatory trend in which trading volume decreases and both price and trading volume fall at the same time. According to the Williams indicator, there is no overbought or oversold. The volume of trades has decreased recently, the volume of trades is lower than in the previous hours, the price and the volume of trades are decreasing at the same time: the market is cold and trading is inactive.
The market is moving, the reason for the rise is to be investigated, we recommend to continue to wait and see what the trend becomes clear.
The above is for reference only and does not constitute investment advice.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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