23.05.202509:04 Forex Analysis & Reviews: Technical Analysis of Intraday Price Movement of Doge Cryptocurrency, Friday May 23, 2025.

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It appears that the price movement of the Doge Cryptocurrency on the 4-hour chart is moving above the WMA (21) which has a slope that is going upwards and the Stochastic Oscillator indicator is ready to cross BUY, so that in the near future Doge has the potential to strengthen up to the level of 0.25617 as its main target and if the volatility and momentum of its strengthening support it, then 0.26581 will be the next target to be aimed for, but if on its way to the target levels, there is suddenly a weakening correction that makes Doge break through and close below the level of 0.21042, then all the strengthening scenarios that have been described previously will be invalid and canceled automatically.

(Disclaimer)

Arief Makmur
Analytical expert of InstaForex
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