DOGEUSD Price Analysis – July 9
Among the altcoins, the dogecoin is not a pushover and never on the reserve list of participants as the pair managed to keep speculations influencing its momentum positive while it’s oscillating in its track.
Supply Level: $0.0022, $0.0028, $0.0032
Demand Level: $0.0050, $0.0043, $0.0037
DOGEUSD Long term Trend: Bullish
Earlier today the pair finds buyers around the demand zone on the level at $0.003735 but retraced to test the low around the supply zone on the level at $0.003235.
The oscillatory movement is yet without a breakout from its key levels, although bears were in full control today moving the market lower throughout and later a bounce to the upside.
DOGEUSD Short term Trend: Bullish
On the flip side of the 4-hour time frame, DOGEUSD finds buyers again today around the level at $0.003735 for the 3rd day in a row after having found demand on the level at $0.003374 two days earlier.
The price is trading close to a key technical supply zone on the level at $0.003407 and the trend remains bullish while showing an intact uptrend in the short term.
Note: Dapplife.com is not a financial advisor. Do your own research before investing your funds in any financial asset or presented product or event. We are not responsible for your investing results