Dogecoin Price Technical Analysis for 18/03/2015 – Bullish Divergence!

By March 18, 2015Bitcoin Business

Dogecoin could see more upside momentum, at least on the shorter-term time frames, as a bullish divergence has recently formed. Price made higher lows while stochastic drew lower lows, suggesting a potential rally. Price is making another test of the 50 satoshis level, which has served as a near-term resistance.

A break above 50 satoshis and the longer-term moving average (green) could confirm that an uptrend is likely to take place.

Moving averages are […]

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