Dogecoin price rallies 150% in 4 days, but DOGE now most 'overbought' since April 2021

France Nouvelles Nouvelles

Dogecoin price rallies 150% in 4 days, but DOGE now most 'overbought' since April 2021
France Dernières Nouvelles,France Actualités
  • 📰 Cointelegraph
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 51%

DOGE could drop 60% by the end of this year as it reaches its most overbought level since April 2021.

Dogecoin most overbought since April 2021

The relative strength index , a momentum indicator determining the degree of recent price changes to analyze overbought or oversold levels, has risen to 93.69 on the daily Dogecoin chart. This is the highest level since April 2021, a month before the DOGE price rallied to its record high of $0.75.Therefore, the"overbought" conditions do not necessarily mean an immediate bearish reversal.

In other words, DOGE could correct toward $0.055 by the end of this year, down about 60% from current price levels, if the fractal plays out as intended.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

Cointelegraph /  🏆 562. in US

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

D.C.-area forecast: Highs near or above 60 through the weekendD.C.-area forecast: Highs near or above 60 through the weekendIt's partly sunny today and mostly sunny tomorrow. Clouds and a shower chance present themselves late Sunday.
Lire la suite »

Chicago weather: 60-degree temperatures coming, no snow in sightChicago weather: 60-degree temperatures coming, no snow in sightWe had an early first snow of the season in Chicago but snow lovers will need to be patient before we can expect to see more flakes fly.
Lire la suite »

Big screens, big batteries, & big discounts: Select Motorola phones are close to 60% offBig screens, big batteries, & big discounts: Select Motorola phones are close to 60% offFive of the best Motorola phones in recent memory are currently up to 60% off.
Lire la suite »

Dogecoin Set To Close Its First 'Big Week' in Months: DetailsDogecoin Set To Close Its First 'Big Week' in Months: DetailsDogecoin sees its best weekly performance in months DOGE $DOGE DogeFam Dogecoinrise Dogecointothemoon
Lire la suite »

SHIB, DOGE Surge Together, Volume SkyrocketsSHIB, DOGE Surge Together, Volume Skyrockets$DOGE and $SHIB have both pumped again at the same time, santimentfeed data says
Lire la suite »



Render Time: 2025-03-03 00:06:16