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Showing posts with the label moving averages

Dogecoin Price Prediction: DOGE Surges 10% As This PEPE Derivative ICO Heads For $30M – Next Crypto To Explode?

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The Dogecoin price surged more 10% in the last 24 hours to trade at $0.1465 as of 11:16 p.m. EST on trading volume that jumped 20% to $2.24 billion. Dogecoin Price Indicators Show A Continued Bullish Rally The Dogecoin price has been in a sustained bullish rally since October 8, as the bulls took control of the price at the $0.099 support level, as shown on the DOGE/USDT chart Analysis on the 12-hour timeframe. The parabolic surge after a slight downtrend formed a rounding bottom pattern, which the bulls are now capitalizing on to continue pushing the price even higher. DOGE now trades above both the 50-day and 200-day Simple Moving Averages (SMAs), a confirmation of the sustained surge to the upside. Furthermore, the Relative Strength Index (RSI) is at 79.76, which is overbought territory. An overbought reading signals that the price has risen rapidly and may experience a short-term pullback or consolidation before continuing its upward momentum. However, in strong bullish tren

Is It Too Late to Buy RETARDIO? Retardio Price Surges 38% And This Might Be The Next Crypto To Explode

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The Retardio price surged 38% in the last 24 hours to trade at $0.172 as of 8:59 p.m. EST on trading volume that skyrocketed 139% to $15.9 million. Retardio Price Indicators Show A Sustained Bullish Rally The Retardio price is moving upwards within a clear ascending channel. This indicates a bullish trend. The price has respected the lower trendline multiple times and continues making higher highs and higher lows, with $0.054 providing notable support. Currently, the price of Retardio is crossing above the channel’s upper boundary, which could signal some potential upsurge. If it breaks above the channel, this could indicate strong bullish momentum, but there is also a chance of a pullback or consolidation near this level. The Retardio price trades above both the 50-day and 200-day Simple Moving Averages (SMAs), which supports the continued rally. The Relative Strength Index (RSI) is at 75.40, which is in the overbought zone (above 70). This suggests that the asset could be overe

Shitcoin Price Prediction: SHIT Surges 40%, But This New Meme Coin With A 955% APY Is The Top Pick For Traders Seeking Parabolic Gains

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The Shitcoin price has pumped 40% in the last 24 hours to trade at $0.0107 as of 3:15 a.m. EST on a 73% surge in trading volume to $5.5 million. Shitcoin Price Gears Up For A Bull Rally Above The Cup And Handle Pattern The classic Cup and Handle pattern indicates a bullish continuation setup commonly used in technical Analysis . This pattern starts with a rounded “cup” formation, representing a period of accumulation or consolidation. Following the cup, there is a smaller downward movement known as the “handle.” which shows a brief retracement before a breakout, where the price moves above the resistance level formed by the rim of the cup. The price has already broken out in this case, as indicated by the green candlestick crossing the resistance level, confirming the pattern’s bullish nature. SHITUSD Analysis Source: Dextools.io The target price for this pattern is estimated by measuring the distance from the bottom of the cup to the rim (resistance) and adding that to