Based on today's classical pivot point (P1) with the value of $0.1317, Dogecoin has support levels of $0.1255, $0.1212, and the strongest at $0.1150. Similarly, Dogecoin resistance levels are at $0.1359, $0.1422, and $0.1464.
| # | Price | Strength |
|---|---|---|
| S1 | $0.1255 | |
| S2 | $0.1212 | |
| S3 | $0.1150 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.1359 | |
| R2 | $0.1422 | |
| R3 | $0.1464 |
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) | 41.06 | NEUTRAL |
| Stoch RSI (14) | 29.92 | NEUTRAL |
| Stochastic Fast (14) | 9.18 | BUY |
| Commodity Channel Index (20) | -66.67 | NEUTRAL |
| Average Directional Index (14) | 33.68 | SELL |
| Awesome Oscillator (5, 34) | -0.01 | NEUTRAL |
| Momentum (10) | -0.01 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -90.82 | BUY |
| Ultimate Oscillator (7, 14, 28) | 46.50 | NEUTRAL |
| VWMA (10) | 0.14 | SELL |
| Hull Moving Average (9) | 0.14 | SELL |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.15 | NEUTRAL |
Over the past 7 days, Dogecoin price was most positively correlated with the price of Worldcoin (WLD), Optimism (OP), Immutable X (IMX), Avalanche (AVAX) and Stacks (STX) and most negatively correlated with the price of JUST (JST), AB (AB), Mantle (MNT), Merlin Chain (MERL) and Monero (XMR).
| Name | Correlation |
|---|---|
| Worldcoin | 0.988 |
| Optimism | 0.985 |
| Immutable X | 0.985 |
| Avalanche | 0.984 |
| Stacks | 0.984 |
| Name | Correlation |
|---|---|
| JUST | -0.715 |
| AB | -0.643 |
| Mantle | -0.625 |
| Merlin Chain | -0.594 |
| Monero | -0.503 |
Dogecoin price is positively correlated with the top 10 coins by market cap with a price of 0.763, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.773.
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.
