DOGE/USD: Flirtation with Long-Term Lows Troubling Indicator

South Africa News News

DOGE/USD: Flirtation with Long-Term Lows Troubling Indicator
South Africa Latest News,South Africa Headlines
  • 📰 Daily_Forex
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 51%

DOGE/USD speculators are being confronted by long-term technical charts which show the cryptocurrency is confronting lower values not seen since April 2021. Forex crypto

As of this morning, DOGE/USD is within the midst of another push lower which is certainly within sight of long-term lows.

The broad cryptocurrency market continues to flirt with lows and, while a slight move higher was attained late yesterday, headwinds have begun to prevail again. However, in the midst of its current storm, DOGE/USD may not get a seal of approval from many large traders unless they are willing to lose a large amount of their speculativeDOGE/USD is traversing prices it has not seen since April of last year. If DOGE/USD falls through the 12 cents level and breaks through the 10 cents barrier, this could set off a serious amount of fear within long-term holders of Dogecoin.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Daily_Forex /  🏆 567. in US

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Biodiversity talks in China's Kunming in April may be affected by COVIDBiodiversity talks in China's Kunming in April may be affected by COVIDThe schedule of the second phase of the COP15 global biodiversity talks in the southwestern Chinese city of Kunming in April is 'likely to be affected' by new COVID-19 risks, environment ministry spokesman Liu Youbin said on Monday.
Read more »

6 Marvel Comics to Watch Out For In April 20226 Marvel Comics to Watch Out For In April 2022April may be the month known for showers, but it also has a plethora of exciting new Marvel Comics [...]
Read more »

AUD/USD now under 0.7100 as broader risk asset sell-off deepensAUD/USD now under 0.7100 as broader risk asset sell-off deepensSince breaking below a key level of long-term uptrend support (in the 0.7180 area), AUD/USD has fallen sharply and, in recent trade, dipped below the
Read more »

NZD/USD flirts with 2021 low, just above 0.6700 mark amid modest USD strengthNZD/USD flirts with 2021 low, just above 0.6700 mark amid modest USD strengthThe NZD/USD pair languished near monthly low through the early European session, with bears still awaiting a sustained break below the 0.6700 round-fi
Read more »

USD/THB faces some consolidation near term – UOBUSD/THB faces some consolidation near term – UOBQuek Ser Leang at UOB Group’s Global Economics & Markets Research suggested USD/THB could extend the range bound theme between 32.85 and 33.29 for the
Read more »



Render Time: 2025-04-08 06:18:37