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{"id":4931,"date":"2021-08-26T00:58:01","date_gmt":"2021-08-26T00:58:01","guid":{"rendered":"https:\/\/www.cryptocurrencypanther.com\/2021\/08\/26\/dogecoin-daily-tech-analysis-august-26th-2021\/"},"modified":"2021-08-26T00:58:01","modified_gmt":"2021-08-26T00:58:01","slug":"dogecoin-daily-tech-analysis-august-26th-2021","status":"publish","type":"post","link":"https:\/\/cryptocurrencypanther.com\/2021\/08\/26\/dogecoin-daily-tech-analysis-august-26th-2021\/","title":{"rendered":"Dogecoin \u2013 Daily Tech Analysis \u2013 August 26th, 2021"},"content":{"rendered":"


\n<\/p>\n

\n
\n

Dogecoin<\/h2>\n

Dogecoin<\/a> rose by 1.35% on Wednesday. Partially reversing a 9.19% slide from Tuesday, Dogecoin ended the day at $0.2926.<\/p>\n

A mixed start to the day saw Dogecoin rise to an early morning intraday high $0.2968 before hitting reverse.<\/p>\n<\/div>\n<\/div>\n

\n
\n

Falling short of the 23.6% FIB of $0.3016 and the first major resistance level at $0.3136, Dogecoin slid to late morning intraday low $0.2794.<\/p>\n

Steering clear of the first major support level at $0.2698, Dogecoin recovered to a late afternoon high $0.2953 before easing back.<\/p>\n

At the time of writing, Dogecoin was down by 0.16% to $0.2921. A mixed start to the day saw Dogecoin rise to an early morning high $0.2938 before falling to a low $0.2901.<\/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 avoid the $0.2896 pivot to bring the first major resistance level at $0.2998 and the 23.6% FIB of $0.3016 into play.<\/p>\n

Support from the broader market would be needed, however, for Dogecoin to break out from $0.2950 levels.<\/p>\n

Barring an extended crypto rally, the first major resistance level and the 23.6% FIB of $0.3016 would likely cap any upside.<\/p>\n

In the event of a breakout, Dogecoin could test resistance at $0.31 levels before any pullback. The second major resistance level sits at $0.3070.<\/p>\n

A fall through the $0.2896 would bring the first major support level at $0.2824 into play.<\/p>\n

Barring another extended sell-off, however, Dogecoin should steer clear of sub-$0.27 levels. The second major support level at $0.2722 should limit the downside.<\/p>\n

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

First Major Support Level: $0.2824<\/p>\n

Pivot Level: $0.2896<\/p>\n

First Major Resistance Level: $0.2998<\/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 1.35% on Wednesday. Partially reversing a 9.19% slide from Tuesday, Dogecoin ended the day at $0.2926. A mixed start to the day saw Dogecoin rise to an early morning intraday high $0.2968 before hitting reverse. Falling short of the 23.6% FIB of $0.3016 and the first major resistance level at $0.3136, […]<\/p>\n","protected":false},"author":1,"featured_media":4932,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[28],"tags":[1087,337,2022,80,81,345],"class_list":{"0":"post-4931","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-dogecoin","8":"tag-26th","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\/4931","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=4931"}],"version-history":[{"count":0,"href":"https:\/\/cryptocurrencypanther.com\/wp-json\/wp\/v2\/posts\/4931\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptocurrencypanther.com\/wp-json\/wp\/v2\/media\/4932"}],"wp:attachment":[{"href":"https:\/\/cryptocurrencypanther.com\/wp-json\/wp\/v2\/media?parent=4931"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptocurrencypanther.com\/wp-json\/wp\/v2\/categories?post=4931"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptocurrencypanther.com\/wp-json\/wp\/v2\/tags?post=4931"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}