DOGEUSD Price Analysis – June 27
The value of DOGEUSD is currently trading on the level at $0.003293 and for participants taking advantage of the surge, the return on investment has risen to about 500%. The pair is having inflows that are propelling the momentum to the upside and downside in a range.
Supply Level: $0.00191821, $0.00241210, $0.00284986
Demand Level: $0.00450000, $0.00419844, $0.00358165
DOGEUSD Long term Trend: Bullish
After trading for as low as the level at $0.00284986 during the day, the cryptocurrency found early support around the moving average on the level at $0.00338831.
DOGEUSD’s price is trading close to the key technical demand zone on the level at 0.00358165. The trend is bullish and it is showing an intact uptrend in the long term.
DOGEUSD Short term Trend: Bullish
In a volatile session, price traded close to the prior day’s high as well as below previous day’s low forming a bearish outside bar.
Wednesday’s trading range has been about 14.37% and that is far above the last trading months daily average range.
The short term volatility is currently slightly higher than usual for DOGEUSD and with this observation, the pair has the inflow to continue the pattern to the upside zone.
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