Dogecoin May Stay Down for a Longer Time, Buy Tamadoge Today
Dogecoin trended downwards after it stroke a resistance level near $0.08540. The downtrend abated when price action reached what seems to be another strong support around $0.06780. However, this support is still holding, but it looks as if buyers lack the power to take the DOGE/USD value up. Let’s consider the signs in this market critically . DOGE Analysis Statistics Data : DOGE Price Now: $0.06790 DOGE Market Cap: $8.97 billion DOGE Circulating Supply: 132.7 billion DOGE Overall Supply: 132.7 billion DOGE Coinmarketcap Ranking: #10 Important Marks: Top: $0.06797, $0.06840, $0.06890 Floor: $0.06790, $0.06750, $0.06710 Dogecoin Is not Ready for an Upside gain, the Basis for Tamadoge is Bullish Looking at the DOGE/USD daily chart portrays the buyers as too weak to initiate an Uptrend. Even after the Stochastic Indicator curves have gotten to the oversold area, and have crossed each other, still price action seems unready to bounce upwards. Also, the EMA...