Pawfury (PAW) sees strong presale demand with bonus offer, while Dogecoin (DOGE) shows bullish momentum above $0.120. Analysis indicates potential for DOGE to reach $0.1450 and $0.150 resistance levels.
Pawfury (PAW) offers a robust ecosystem with high-yield staking rewards featuring competitive APY. To celebrate its success, the low-entry presale price of Pawfury (PAW) provides an accessible opportunity for early investors. Note that the presale is selling out quickly. For a limited time, Pawfury investors can get a 10% extra bonus by simply adding the promo code PAWGAINZ10X.
Dogecoin (DOGE) is experiencing a steady increase, breaking past the $0.120 resistance zone against the US Dollar. Currently trading above $0.120 and the 100-hourly simple moving average, DOGE shows potential for further gains.
What: The price is consolidating above key support levels, with a notable bullish trend line at $0.1195 on the hourly chart, suggesting more upward movement. The next significant resistance is at $0.1265, which, if surpassed, could push the price towards $0.1450 and possibly $0.150.
Where: This analysis is based on data from Kraken, a prominent cryptocurrency exchange.
When: The upward trend began after DOGE formed a base above $0.1050 and cleared the $0.1150 resistance level, currently holding a high at $0.1264.
Who: The primary actors in this scenario are traders and investors in the DOGE/USD pair, monitoring technical indicators like the MACD and RSI.
If DOGE fails to maintain its momentum above $0.1265, it may face a correction. Initial support lies at $0.1240, with heavier support at $0.1195. Breaking below this could see a decline towards $0.1140.
Technical Indicators:
– MACD: Bullish momentum.
– RSI: Above 50, indicating strength.
– Major Support: $0.1215 and $0.1195.
– Major Resistance: $0.1265 and $0.1450.
