Based on today's classical pivot point (P1) with the value of $0.1095, Dogecoin has support levels of $0.1064, $0.1043, and the strongest at $0.1012. Similarly, Dogecoin resistance levels are at $0.1116, $0.1147, and $0.1168.
| # | Price | Strength |
|---|---|---|
| S1 | $0.1064 | |
| S2 | $0.1043 | |
| S3 | $0.1012 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.1116 | |
| R2 | $0.1147 | |
| R3 | $0.1168 |
Technical indicators are an essential tool for conducting technical analysis. They provide insights into an asset's market status, investor sentiment, and more, thereby helping investors make more informed trading decisions.
| Period | Value | Action |
|---|---|---|
| RSI (14) | 52.95 | NEUTRAL |
| Stoch RSI (14) | 0.00 | BUY |
| Stochastic Fast (14) | 22.09 | NEUTRAL |
| Commodity Channel Index (20) | -3.59 | NEUTRAL |
| Average Directional Index (14) | 41.66 | BUY |
| Awesome Oscillator (5, 34) | 0.01 | NEUTRAL |
| Momentum (10) | 0.00 | BUY |
| MACD (12, 26) | -0.00 | NEUTRAL |
| Williams Percent Range (14) | -77.91 | NEUTRAL |
| Bull Bear Power (13) | -0.00 | SELL |
| Ultimate Oscillator (7, 14, 28) | 46.97 | NEUTRAL |
| VWMA (10) | 0.11 | SELL |
| Hull Moving Average (9) | 0.11 | SELL |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.11 | SELL |
Over the past 7 days, Dogecoin price was most positively correlated with the price of Conflux (CFX), Binance Coin (BNB), Immutable X (IMX), World Liberty Financial (WLFI) and XRP (XRP) and most negatively correlated with the price of DeXe (DEXE), Chiliz (CHZ), Kaia (KAIA), Terra Classic (LUNC) and TRON (TRX).
| Name | Correlation |
|---|---|
| Conflux | 0.940 |
| Binance Coin | 0.898 |
| Immutable X | 0.843 |
| World Liberty Financial | 0.735 |
| XRP | 0.713 |
| Name | Correlation |
|---|---|
| DeXe | -0.447 |
| Chiliz | -0.404 |
| Kaia | -0.375 |
| Terra Classic | -0.164 |
| TRON | -0.147 |
Dogecoin price is positively correlated with the top 10 coins by market cap with a price of 0.426, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.387.
Currencies that are positively correlated with Dogecoin indicate that the movement of one has a statistically significant weight to lead the other in the same direction. For currencies that are negatively correlated with Dogecoin, a move in one direction for Dogecoin would translate into a move in the opposite direction for the negatively correlated coin.
