the doge lifetime logarithmic chart on the monthly is showing the test of VWMA 14 as potential fallback area. doge looks like a very scary crypto to get into as it is inflationary, rather than deflationary like bitcoin, and has no limit to the amount of tokens added to supply. if you zoom out you can tell there are key levels to watch that could be potential reversal areas. if we move below VWMA and continue to trade in bearish price action while the average begins to flatten out we could be headed for .06
right now price could still close above the average and it is rising. could be a bounce to .15 no reason to say weve turned around yet but it is definitely an alt to watch.
right now price could still close above the average and it is rising. could be a bounce to .15 no reason to say weve turned around yet but it is definitely an alt to watch.