Dogecoin Price Technical Analysis for 24/03/2015 – Edging Lower

By March 24, 2015Bitcoin Business

Dogecoin price still continues to consolidate on its shorter-term time frames but zooming out to the longer-term chart reveals a downside bias. Looking at the daily chart of DOGE/ BTC from Hitbtc shows that technical indicators also support a move lower for the dogecoin cryptocurrency against bitcoin: Price has been forming lower highs, reflecting a gradual buildup in selling pressure.

Dogecoin price has also formed lower lows, which means that sellers are still trying […]

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