Currently, the Doge cryptocurrency is being dominated by buyers, this can be seen from its price movement which is moving above the EMA (21) which also has a slope that is sloping upwards so that in the near future Doge has the potential to strengthen up to the level of 0.3980 as its main target and 0.40196 if the momentum of strengthening and volatility support it, but please note that because of the appearance of divergence between the Doge price movement and the Stochastic Oscillator indicator, there is a potential for a weakening correction as well, but as long as it does not break through and close below the level of 0.34777, Doge still has the potential to rise towards the targets that have been described previously.
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The material has been provided by InstaForex Company - www.instaforex.com
