Must-Buy Cryptos for 2024: Dogecoin, Fantom & Cutoshi
Fantom and Dogecoin Trends: Fantom (FTM) and Dogecoin (DOGE) are showing positive buy signals, with Dogecoin experiencing a 28% increase over the past month and currently consolidating near a key resistance level.
Introduction of Cutoshi: A new meme coin called Cutoshi is gaining attention due to its innovative DeFi platform that rewards user engagement, having already raised over $550,000 in presale, while also offering incentives through staking and task completion.
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Technical Analysis for DOGE
Technical Sentiment Analysis for Dogecoin (DOGE). As of , Dogecoin (DOGE) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 3 technical signals, shows that 0 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for DOGE stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, DOGE is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Dogecoin (DOGE) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0508 | 0.0654 | 0.0803 | 0.0949 | 0.11 | 0.124 | 0.139 |
| Fibonacci | 0.0654 | 0.0767 | 0.0836 | 0.0949 | 0.106 | 0.113 | 0.124 |
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