Today's DOGE/USDT report shows some classic Doge-like behavior with ups and downs that make you say "wow" more than a few times. Let’s dive into the stats and see what the data says.
First off, the price action was quite the rollercoaster. DOGE opened the day at 0.13806, hit a low of 0.13458, then rocketed up to 0.15096 before settling back down at 0.14974. The volume was no joke either, with over a billion DOGE changing hands.
The moving averages are all over the place, just like Doge’s meme potential. The simple moving average (SMA) sits at 0.157487, while the exponential moving average (EMA) is slightly lower at 0.154799. The triple exponential moving average (TEMA) tells a more conservative tale at 0.149941, showing a hint of volatility with the T3 value at 0.145166.
Now, let’s talk bands – Bollinger Bands to be exact. The lower band is hugging tight at 0.139693 while the upper band is stretching out to 0.175748, with the middle band keeping it cool at 0.157721. This spread hints at potential swings, so hold on tight!
On the momentum front, the ADX value of 20.055 shows that the trend isn't that strong right now. The Aroon indicator is screaming bearish with Aroon Down at 92.857. The MACD readings are in the negative zone too, with a MACD value of -0.003301 and a signal line at -0.001236, indicating some bearish sentiment.
Volatility? You bet! The Average True Range (ATR) is at 0.009865, reflecting some decent daily moves. The Chaikin Money Flow (CMF) is slightly negative at -0.080641, suggesting that money flow is a bit bearish at the moment.
For those tracking support and resistance, the pivot points are crucial. The main pivot stands at 0.145087, with resistance levels at 0.155593 and 0.161467. On the downside, support is seen at 0.139213 and further down at 0.128707.
The candlesticks from the past couple of weeks show a similar story of ups and downs. From May 30th to June 12th, we saw prices as high as 0.1657 and as low as 0.13364. There were days of bullish optimism like on June 5th when DOGE closed at 0.16326 after opening at 0.16136. Conversely, bearish days like June 11th had DOGE dropping from 0.14478 to 0.13806.
Summing it up, DOGE/USDT is as unpredictable as ever, mirroring the very essence of the Doge meme – much wow, very trade, so volatile. Keep an eye on those pivot points and moving averages, and always be ready for the next meme-worthy move!
$DOGE
