DOGEUSD Price Analysis – June 19
The pair exited Tuesday at $0.003080 with a loss of -2.9%. The trading range has been (0.0%) zero and that’s far below the last trading month’s daily average range of $ 0.000137.
Demand Levels: $ 0.00419844, $0.00358165
Supply Levels: $0.00284986, $0.00241210
DOGEUSD Short term trend – Bullish
Though DOGEUSD is currently in a trend to the south side, this could just be a retracement, as the overall trend in the long term remains bullish.
Selling might accelerate should prices move below the close by swing on the level at $0.003010 where further sell stops could get triggered.
DOGEUSD Short term trend – Ranging
The short term volatility is lower and slightly below the markets average trading range. Tuesday’s trading range has been $0.00000 (0.0%) and as earlier discussed in the long term it is far below the previous daily average range.
The short term trend for the cryptocurrency is closed and back below the moving average while it is signaling a short term downtrend continuation for a rise later in the near term.
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