Dogecoin Price Analysis for 5/5/2015 – Hope Fades for Bulls

By May 5, 2015Bitcoin Business

In my previous analysis, I had mentioned that Dogecoin at 35.7 satoshis was oversold from a short-term perspective and that market participants must wait for a relief rally up to 42 satoshis to build fresh short positions in the virtual currency. As can be seen, Dogecoin touched 41.5 satoshis before it pierced the temporary support level to succumb to a fresh 2015-low of 32.7 satoshis .

Reeling under pressure, Dogecoin can currently be bought […]

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