Bitcoin has been able to sustain the uptrend from lows around $31,000 last week. The bellwether cryptocurrency had pulled the entire market into a dip, but the recovery toward the end of last week saw altcoins gasping for air. It is believed that the massive buy orders could be triggered in the cryptocurrency market as soon as BTC breaks above $40,000.
Dogecoin:-
Dogecoin seems to have settled above $0.3, allowing bulls to focus on lifting to higher levels. The weekend session has been chiefly mundane, but the meme coin is up 3.7% to trade at $0.32. According to the four-hour chart, sideway trading action is likely to take precedence in the coming sessions.
However, the Moving Average Convergence Divergence (MACD) indicator hints at the bulls’ upper hand. Although the trend momentum indicator is stuck beneath the zero line, the MACD line (blue) holds above the signal line.
As long as support at $0.3 remains intact, DOGE bulls will focus on lifting above the key 100 Simple Moving Aver
Źródło: https://coingape.com/dogecoin-uniswap-price-analysis-14-june/
