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{"id":1204,"date":"2021-07-27T03:19:46","date_gmt":"2021-07-27T03:19:46","guid":{"rendered":"https:\/\/www.cryptocurrencypanther.com\/2021\/07\/27\/dogecoin-daily-tech-analysis-july-27th-2021\/"},"modified":"2021-07-27T03:19:46","modified_gmt":"2021-07-27T03:19:46","slug":"dogecoin-daily-tech-analysis-july-27th-2021","status":"publish","type":"post","link":"https:\/\/cryptocurrencypanther.com\/2021\/07\/27\/dogecoin-daily-tech-analysis-july-27th-2021\/","title":{"rendered":"Dogecoin \u2013 Daily Tech Analysis \u2013July 27th, 2021"},"content":{"rendered":"


\n<\/p>\n

\n
\n

Dogecoin<\/h2>\n

Dogecoin<\/a> rose by 2.77% on Monday. Following a 0.56% gain on Sunday, Dogecoin ended the day at $0.2037.<\/p>\n

A mixed the start of the day saw Dogecoin fall to an early morning intraday low $0.1971 before finding support.<\/p>\n<\/div>\n<\/div>\n

\n
\n

Steering clear of the first major support level at $0.1901, Dogecoin rallied to a mid-morning intraday high $0.2331.<\/p>\n

Dogecoin broke through the first major resistance level at $0.2074 and the second major resistance level at $0.2166.<\/p>\n

Coming up against the third major resistance level at $0.2339, however, Dogecoin slid back to $0.2004 levels before ending the day at $0.203 levels.<\/p>\n

The pullback saw Dogecoin fall back through the first and second major resistance levels.<\/p>\n

At the time of writing, Dogecoin was down by 0.22% to $0.2032. A mixed start to the day saw Dogecoin rise to an early morning high $0.2051 before falling to a low $0.2012.<\/p>\n

Dogecoin left the major support and resistance levels untested early on.<\/p>\n<\/div>\n<\/div>\n

\n
\n

For the day ahead<\/h3>\n

Dogecoin would need to move through the $0.2113 pivot to bring the first major resistance level at $0.2255 into play.<\/p>\n

Support from the broader market would be needed, however, for Dogecoin to break back through to $0.22 levels.<\/p>\n

Barring an extended crypto rally, the first major resistance level would likely cap any upside.<\/p>\n

In the event of another breakout, Dogecoin could test resistance at $0.25 levels before any pullback. The second major resistance level sits at $0.2473.<\/p>\n

Failure to move through the $0.2113 pivot would bring the first major support level at $0.1895 into play.<\/p>\n

Barring another extended sell-off, however, Dogecoin should steer clear of sub-$0.18 levels. The second major support level sits at $0.1753.<\/p>\n

Looking at the Technical Indicators<\/h3>\n

First Major Support Level: $0.1895<\/p>\n

Pivot Level: $0.2113<\/p>\n

First Major Resistance Level: $0.2255<\/p>\n

23.6% FIB Retracement Level: $0.3016<\/p>\n

38.2% FIB Retracement Level: $0.3859<\/p>\n

62% FIB Retracement Level: $0.5221<\/p>\n

Please let us know what you think in the comments below<\/em>.<\/p>\n

Thanks, Bob<\/p>\n<\/div>\n<\/div>\n


\n
Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Dogecoin Dogecoin rose by 2.77% on Monday. Following a 0.56% gain on Sunday, Dogecoin ended the day at $0.2037. A mixed the start of the day saw Dogecoin fall to an early morning intraday low $0.1971 before finding support. Steering clear of the first major support level at $0.1901, Dogecoin rallied to a mid-morning intraday […]<\/p>\n","protected":false},"author":1,"featured_media":1205,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[28],"tags":[1214,337,80,81,146,345],"class_list":{"0":"post-1204","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-dogecoin","8":"tag-27th","9":"tag-analysis","10":"tag-daily","11":"tag-dogecoin","12":"tag-july","13":"tag-tech"},"_links":{"self":[{"href":"https:\/\/cryptocurrencypanther.com\/wp-json\/wp\/v2\/posts\/1204","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cryptocurrencypanther.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptocurrencypanther.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptocurrencypanther.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptocurrencypanther.com\/wp-json\/wp\/v2\/comments?post=1204"}],"version-history":[{"count":0,"href":"https:\/\/cryptocurrencypanther.com\/wp-json\/wp\/v2\/posts\/1204\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptocurrencypanther.com\/wp-json\/wp\/v2\/media\/1205"}],"wp:attachment":[{"href":"https:\/\/cryptocurrencypanther.com\/wp-json\/wp\/v2\/media?parent=1204"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptocurrencypanther.com\/wp-json\/wp\/v2\/categories?post=1204"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptocurrencypanther.com\/wp-json\/wp\/v2\/tags?post=1204"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}