$DOGS Price Analysis- Inside Bitcoins Analytics

Irma - Sep 11 - - Dev Community

The DOGS price has dropped 3% in the last 24 hours, trading at $0.06147 with a 43% decrease in trading volume to $393 million. DOGS is showing a bearish trend, trading within a falling channel and below the 50-day Simple Moving Average of $0.001034.

The Relative Strength Index (RSI) is at 45 and declining, signaling increasing selling pressure. However, the Moving Average Convergence Divergence (MACD) is approaching the neutral line, and the blue MACD line has crossed above the orange signal line, hinting at possible bullish momentum.

If a reversal occurs, bulls could push the DOGS price back toward the $0.001100 resistance level.

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