Ah, the weekend dawns, and with it, the familiar sight of coins retreating into the crimson abyss, as if they were shy debutantes at a ball, according to the ever-reliable CoinMarketCap.
DOGE/USD
In a rather audacious display, the rate of DOGE has risen by a modest 1.84% over the last 24 hours. One might say itβs akin to a tortoise winning a race against a sloth. π’π¨
As we gaze upon the hourly chart, the price of DOGE is making a valiant attempt to reclaim the local resistance of $0.2832. Should the buyers muster enough enthusiasm, we might witness a test of this lofty summit by tomorrow. Or perhaps it will simply take a nap instead. π΄
On a grander scale, the rate of DOGE is inching ever closer to the tantalizing zone of $0.29. If a breakout occurs, one can only hope that the accumulated energy is sufficient to propel it to the exalted heights of $0.30 and beyond. Or it may just decide to lounge around instead. ποΈ
From a midterm perspective, it appears that neither the bulls nor the bears have taken the reins. The rate of our beloved meme coin is meandering within the confines of the previous weekly bar. Should the candle close at its current price, we are likely to witness a rather uneventful sideways trading in the range of $0.27-$0.30. A thrilling spectacle, indeed! π’
As of this moment, DOGE is trading at $0.2786, a figure that may inspire both hope and despair in equal measure.
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2025-02-15 14:13