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{"id":3981,"date":"2021-08-15T03:13:57","date_gmt":"2021-08-15T03:13:57","guid":{"rendered":"https:\/\/www.cryptocurrencypanther.com\/2021\/08\/15\/dogecoin-daily-tech-analysis-august-15th-2021\/"},"modified":"2021-08-15T03:13:57","modified_gmt":"2021-08-15T03:13:57","slug":"dogecoin-daily-tech-analysis-august-15th-2021","status":"publish","type":"post","link":"https:\/\/cryptocurrencypanther.com\/2021\/08\/15\/dogecoin-daily-tech-analysis-august-15th-2021\/","title":{"rendered":"Dogecoin \u2013 Daily Tech Analysis \u2013 August 15th, 2021"},"content":{"rendered":"


\n<\/p>\n

\n
\n

Dogecoin<\/h2>\n

Dogecoin<\/a> rallied by 11.14% on Saturday. Following a 2.80% gain from Friday, Dogecoin ended the day at $0.2942.<\/p>\n

A choppy morning saw Dogecoin rise to a late morning intraday high $0.2988 before hitting reverse.<\/p>\n<\/div>\n<\/div>\n

\n
\n

Dogecoin broke through the first major resistance level at $0.2798 and the second major resistance level at $0.2949<\/p>\n

The reversal saw Dogecoin slide to a late morning intraday low $0.2671.<\/p>\n

Steering clear of the first major support level at $0.2530, Dogecoin broke back through the first major resistance level to end the day at $0.294 levels.<\/p>\n

The second major resistance level at $0.2949 capped the upside late in the day.<\/p>\n

At the time of writing, Dogecoin was up by 4.88% to $0.3086. A mixed start to the day saw Dogecoin fall to an early morning low $0.2887 before rising to a high $0.3098.<\/p>\n

Dogecoin broke through 23.6% FIB of $0.3016 and the first major resistance level at $0.3063 early on.<\/p>\n<\/div>\n<\/div>\n

\n
\n

For the day ahead<\/h3>\n

Dogecoin would need to avoid a fall back through the first major resistance level and 23.6% FIB to bring the second major resistance level at $0.3184 into play.<\/p>\n

Support from the broader market would be needed, however, for Dogecoin to break out from this morning\u2019s high $0.3098.<\/p>\n

Barring an extended rally, the second major resistance level at $0.3184 would likely cap any upside.<\/p>\n

In the event of an extended breakout, Dogecoin could test resistance at $0.33 levels before any pullback. The third major resistance level sits at $0.3501.<\/p>\n

A fall back through first major resistance level and 23.6% FIB of $0.3016 would bring $0.28 levels back into play.<\/p>\n

Barring a fall through the day\u2019s $0.2867 pivot, however, Dogecoin should steer clear of the first major support level at $0.2746.<\/p>\n

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

First Major Support Level: $0.2746<\/p>\n

Pivot Level: $0.2867<\/p>\n

First Major Resistance Level: $0.3063<\/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


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

Dogecoin Dogecoin rallied by 11.14% on Saturday. Following a 2.80% gain from Friday, Dogecoin ended the day at $0.2942. A choppy morning saw Dogecoin rise to a late morning intraday high $0.2988 before hitting reverse. Dogecoin broke through the first major resistance level at $0.2798 and the second major resistance level at $0.2949 The reversal […]<\/p>\n","protected":false},"author":1,"featured_media":3982,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[28],"tags":[1932,337,2022,80,81,345],"class_list":{"0":"post-3981","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-dogecoin","8":"tag-15th","9":"tag-analysis","10":"tag-august","11":"tag-daily","12":"tag-dogecoin","13":"tag-tech"},"_links":{"self":[{"href":"https:\/\/cryptocurrencypanther.com\/wp-json\/wp\/v2\/posts\/3981","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=3981"}],"version-history":[{"count":0,"href":"https:\/\/cryptocurrencypanther.com\/wp-json\/wp\/v2\/posts\/3981\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptocurrencypanther.com\/wp-json\/wp\/v2\/media\/3982"}],"wp:attachment":[{"href":"https:\/\/cryptocurrencypanther.com\/wp-json\/wp\/v2\/media?parent=3981"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptocurrencypanther.com\/wp-json\/wp\/v2\/categories?post=3981"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptocurrencypanther.com\/wp-json\/wp\/v2\/tags?post=3981"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}