Dogecoin Price Prediction Today: Daily (DOGE) Value Forecast – April 19

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  • The price is retracing to the support of the 12-day EMA. If the bears break the EMAs, the crypto’s price will fall to the low of $0.002700 price level.
  • On the other hand, if the EMAs hold, the crypto’s price will rise to retest the $0.003050 resistance level.

DOGE/USD Medium-term Trend: Bullish

  • Resistance Levels: $0.00400, $0.004500, $0.005000
  • Support levels: $0.00300, $0.00250, $0.00200

Yesterday, April 18, the price of DOGE was in a bullish trend. In retrospect, on April 4, the bulls reached a high of $0.0040 and were resisted. On April 11, the crypto’s price had fallen to the low at $0.002679. Since then the crypto’s price had been fluctuating below and above the 12-day EMA and the 26-day EMA. Yesterday, the bulls reached a high of $0.003030 but were resisted.

The price is retracing to the support of the 12-day EMA. If the bears break the EMAs, the crypto’s price will fall to the low of $0.002700 price level. On the other hand, if the EMAs hold, the crypto’s price will rise to retest the $0.003050 resistance level. Meanwhile, the MACD line and the signal line are below the zero line which indicates a sell signal. The DOGE price is  above the 12-day EMA and the 26-day EMA which indicates that price is in the bullish trend zone.

DOGE/USD Short-term Trend: Bullish

On the 1-hour chart, the price of DOGE is in a bullish trend zone. The crypto’s price was earlier in a bullish trend but was resisted at the $0.003050 price level. The price has fallen to the low at $0.002882. The price is now above the 12-day EMA and the 26-day EMA which indicates that price is likely to rise.

IThe crypto’s price is above the 12-day EMA and the 26-day EMA which indicates that price is in the bullish trend zone. The MACD line and the signal line are above the zero line which indicates a buy signal.

The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.

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