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Cryptocurrency News Articles

$DOGE Long-Term Growth Potential, Neutral to Slightly Negative Short-Term

Dec 29, 2024 at 05:07 pm

The DOGE/USDT chart shows signs of going up over a longer period. Indicators suggest strong buying activity, with the RSI rising and the stochastic oscillator showing recovery from oversold levels.

$DOGE Long-Term Growth Potential, Neutral to Slightly Negative Short-Term

The price of DOGE has been rising over a longer period, and indicators suggest strong buying activity. The RSI is rising, and the stochastic oscillator shows recovery from oversold levels. Bollinger Bands are narrowing, hinting at a possible breakout. However, in the short term, the price is stabilizing, indicating a slight downward trend. Overall, DOGE/USDT looks positive for long-term growth but neutral to slightly negative in the short term. It’s worth watching for potential upward movement.

The Total3 chart shows a bull flag pattern, which could mean the market (excluding BTC and ETH) is ready to keep moving up. The RSI is rising from the middle, showing some buying strength, while the stochastic oscillator is bouncing back from oversold levels, pointing to growing bullish momentum. In the short term, the market is steady, but the long-term outlook looks positive. This matches DOGE/USDT, which has some short-term dips but still looks strong for the long term. If Total3 breaks out of the flag pattern upwards, it could support DOGE/USDT’s long-term growth.

The liquidation and leverage chart shows growing bullish signs for this coin in the short term, with more buying activity. This matches DOGE/USDT, which looks positive in the short term but uncertain for the long term. However, changes in trading volume and resistance levels could cause the trend to reverse, so it’s important to watch closely for any big changes.

Entry: $0.32546 or Market Price

1st Tp: $0.33449

2nd Tp: $0.34207

3rd Tp : $0.34533

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Other articles published on Apr 03, 2025