The Hourly View for Dogecoin

• At the time of this writing, DOGE’s price is up $0 (0.07%) from the hour prior.
• Dogecoin has seen its price go up 4 out of the past 5 hours, thus creating some compelling opportunities for bulls.
• Regarding the trend, note that the strongest trend exists on the 100 hour timeframe.
• Of note is that the 50 hour changed directions on DOGE; it is now pointing up. The moving averages on the hourly timeframe suggest a bearishness in price, as the 20, 50, 100 and 200 are all in a bearish alignment — meaning the shorter duration moving averages are below the longer duration averages, implying a stable downward trend.

Dogecoin’s hourly price chart is shown below.

The Daily View for Dogecoin

• Currently, DOGE’s price is up $0.01 (6.84%) from the day prior.
• This move is a reversal from the day prior, which saw price move down.
• If you’re a trend trader, consider that the strongest clear trend on the daily chart exists on the 50 day timeframe.
• The moving averages on the daily timeframe suggest a bearishness in price, as the 20, 50, 100 and 200 are all in a bearish alignment — meaning the shorter duration moving averages are below the longer duration averages, implying a stable downward trend.

Below is a daily price chart of Dogecoin.

The Latest From DOGE’s Blockchain

• DOGE’s daily transaction count now stands at 22155.
• Over the past 29 weeks, the trend for DOGE’s count of active addresses has been choppy and unclear. It has oscillated between 52845 and 753242.
• DOGE has a count of active addresses of 57452, up 6.03% from its value day prior.

Featured Dogecoin Commentary From Twitter

@smartertrader Shit I feel like he be watching me. Hey Bae im holding my networth in doge and tesla NA

— smartertrader

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