2 weeks ago
DOGE jumped 8.4% successful the 24-hour play ending August 8, climbing from $0.20 to $0.22 successful a two-phase rally. Price enactment spans a $0.021 range, marking 9.5% volatility.
As per CoinDesk analytics, a caller absorption forms astatine $0.222-$0.224, portion enactment holds astatine $0.220. Consolidation appears apt earlier the adjacent directional move.
Price Action Summary
• DOGE rallies 8.4% from $0.20 to $0.22 successful a volatile 24-hour league ending August 8
• Two breakout waves — 10:00 propulsion to $0.213 and 19:00-22:00 surge to $0.223 — thrust gains
• Whale accumulation tops 1 cardinal DOGE successful 48 hours, lifting organization assurance with expert targets astatine $0.34 and $0.50
Technical Indicators Analysis
• Price gains 8.4% from $0.20 to $0.22 with 9.5% volatility
• Two rally phases: 10:00 breakout to $0.213, 19:00-22:00 surge to $0.223
• Trading measurement spikes supra 1 cardinal during breakouts vs. 378 cardinal average
• Resistance acceptable astatine $0.222-$0.224 with steadfast enactment supra $0.220
• RSI nearing humanities breakout thresholds linked to 70% rallies
• Inverse head-and-shoulders signifier with liquidation clusters adjacent $0.21
• Hourly consolidation successful $0.2208-$0.2223 scope connected declining volume
What Traders Are Watching
• Whether whale-led accumulation triggers abbreviated compression supra $0.223
• Breakout confirmation past $0.224 and follow-through toward $0.25
• Sustained RSI overbought conditions arsenic a momentum driver
• Impact of broader meme coin sentiment connected DOGE flows
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