DOGEUSD Price Analysis – June 30
Trending higher for the 2nd day in a row as Dogecoin may end the month of June on a -3% lower towards the level at $0.003388 and after gaining about (0.70%) today.
Supply Level: $0.00191821, $0.00241210, $0.00284986
Demand Level: $0.00450000, $0.00419844, $0.00358165
DOGEUSD Long term Trend: Bullish
The pairs inability to break through the key technical demand zone on the level at $0.003581 is not encouraging, and the cryptocurrency may close below it after spiking up to the level at $0.003470 earlier during the day.
Saturday’s trading range has been about (7.5%), and that’s slightly above the last trading month’s daily average range of about $0.000218. The longer-term volatility is currently higher than usual for DOGEUSD.
DOGEUSD Short term Trend: Ranging
The pair’s price is trading close to the key technical supply zone on the level at $0.00311792 and the failure to close above the demand zone might increase the significance of the level going forward.
The last time there was a rebound of such that is of a demand zone, the DOGEUSD gained about 4.0% on the next trading session, while for now the trend is ranging and it is showing an intact ranging trend in the medium and short term trend.
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