{"id":27750,"date":"2023-08-30T14:59:38","date_gmt":"2023-08-30T14:59:38","guid":{"rendered":"https:\/\/coingrafter.com\/index.php\/2023\/08\/30\/dogecoin-remains-bearish-while-below-0-08-a-move-above-would-invalidate-the-lower-highs-series\/"},"modified":"2023-08-30T14:59:38","modified_gmt":"2023-08-30T14:59:38","slug":"dogecoin-remains-bearish-while-below-0-08-a-move-above-would-invalidate-the-lower-highs-series","status":"publish","type":"post","link":"https:\/\/coingrafter.com\/index.php\/2023\/08\/30\/dogecoin-remains-bearish-while-below-0-08-a-move-above-would-invalidate-the-lower-highs-series\/","title":{"rendered":"Dogecoin remains bearish while below $0.08. A move above would invalidate the lower highs series."},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<div class=\"post-article-image  -mt-24  mb-8  lg:-mt-32  rounded  overflow-hidden\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2022\/01\/1642158425635-d98ab32d-ce07-4deb-bfb2-ff1a604cd965-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2022\/01\/1642158425635-d98ab32d-ce07-4deb-bfb2-ff1a604cd965-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2022\/01\/1642158425635-d98ab32d-ce07-4deb-bfb2-ff1a604cd965-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2022\/01\/1642158425635-d98ab32d-ce07-4deb-bfb2-ff1a604cd965-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/><img decoding=\"async\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2022\/01\/1642158425635-d98ab32d-ce07-4deb-bfb2-ff1a604cd965.jpg\" alt=\"\" width=\"100%\" height=\"100%\"\/>\n<\/picture>                    <\/div>\n<ul>\n<li>Dogecoin remains bearish while below $0.08<\/li>\n<li>A move above would invalidate the lower highs collection<\/li>\n<li>A weak US greenback may matter extra for Dogecoin than the rest<\/li>\n<li>\n<\/li>\n<\/ul>\n<p>Not a lot is going on in the cryptocurrency market these days. Traders used to excessive volatility ranges had been disillusioned these days.<\/p>\n<p>For instance, Dogecoin has been in consolidation for greater than twelve months. Sure sufficient, the market bounced a number of instances however solely discovered resistance at the $0.1 stage.<\/p>\n<p>Having mentioned that, it doesn&#8217;t imply that Dogecoin can&#8217;t bounce from these depressed ranges. As lengthy as the market holds above $0.06, bulls will attempt to overcome $0.1. But the important stage to beat first is $0.08.<\/p>\n<p>By breaking and holding above, the market would invalidate the lower highs collection. Therefore, the bias would then shift from bearish to bullish.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/media.igms.io\/2023\/07\/30\/1693406263406-039245ea-b40f-456e-bf41-04250e873fbf.jpg\" style=\"width: 1800px\" class=\"fr-fic fr-dib\" width=\"1800\" height=\"468\"\/><\/p>\n<p><a href=\"https:\/\/www.tradingview.com\/symbols\/DOGEUSD\/?exchange=CRYPTO\" rel=\"noopener noreferrer\" target=\"_blank\">Dogecoin chart by TradingView<\/a><\/p>\n<h2>What can drive Dogecoin increased?<\/h2>\n<p>Like it or not, cryptocurrency merchants should acknowledge that volatility shouldn&#8217;t be what it was in the crypto market. Sure sufficient, rallies or selloffs have a bigger magnitude than in the conventional foreign money market, however however, the amplitude of market actions shouldn&#8217;t be the similar anymore.<\/p>\n<p>It can solely imply that the cryptocurrency market aligns with the conventional foreign money market when it comes to what drives volatility. Hence, \u00a0it&#8217;s only logical to take a look at the US greenback and the place it would go subsequent.<\/p>\n<p>Recent labor market knowledge means that the August NFP report will disappoint. If that&#8217;s the case, anticipate the US greenback to proceed its downward development that began yesterday after the disappointing JOLTS report.<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this text<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/coinjournal.net\/news\/dogecoin-finds-buyers-at-0-06-focus-shifts-to-the-0-08-area\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] Dogecoin remains bearish while below $0.08 A move above would invalidate the lower highs collection A weak US greenback may matter extra for Dogecoin than the rest Not a lot is going on in the cryptocurrency market these days. Traders used to excessive volatility ranges had been disillusioned these days. For instance, Dogecoin has [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":27752,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ocean_post_layout":"","ocean_both_sidebars_style":"","ocean_both_sidebars_content_width":0,"ocean_both_sidebars_sidebars_width":0,"ocean_sidebar":"","ocean_second_sidebar":"","ocean_disable_margins":"enable","ocean_add_body_class":"","ocean_shortcode_before_top_bar":"","ocean_shortcode_after_top_bar":"","ocean_shortcode_before_header":"","ocean_shortcode_after_header":"","ocean_has_shortcode":"","ocean_shortcode_after_title":"","ocean_shortcode_before_footer_widgets":"","ocean_shortcode_after_footer_widgets":"","ocean_shortcode_before_footer_bottom":"","ocean_shortcode_after_footer_bottom":"","ocean_display_top_bar":"default","ocean_display_header":"default","ocean_header_style":"","ocean_center_header_left_menu":"","ocean_custom_header_template":"","ocean_custom_logo":0,"ocean_custom_retina_logo":0,"ocean_custom_logo_max_width":0,"ocean_custom_logo_tablet_max_width":0,"ocean_custom_logo_mobile_max_width":0,"ocean_custom_logo_max_height":0,"ocean_custom_logo_tablet_max_height":0,"ocean_custom_logo_mobile_max_height":0,"ocean_header_custom_menu":"","ocean_menu_typo_font_family":"","ocean_menu_typo_font_subset":"","ocean_menu_typo_font_size":0,"ocean_menu_typo_font_size_tablet":0,"ocean_menu_typo_font_size_mobile":0,"ocean_menu_typo_font_size_unit":"px","ocean_menu_typo_font_weight":"","ocean_menu_typo_font_weight_tablet":"","ocean_menu_typo_font_weight_mobile":"","ocean_menu_typo_transform":"","ocean_menu_typo_transform_tablet":"","ocean_menu_typo_transform_mobile":"","ocean_menu_typo_line_height":0,"ocean_menu_typo_line_height_tablet":0,"ocean_menu_typo_line_height_mobile":0,"ocean_menu_typo_line_height_unit":"","ocean_menu_typo_spacing":0,"ocean_menu_typo_spacing_tablet":0,"ocean_menu_typo_spacing_mobile":0,"ocean_menu_typo_spacing_unit":"","ocean_menu_link_color":"","ocean_menu_link_color_hover":"","ocean_menu_link_color_active":"","ocean_menu_link_background":"","ocean_menu_link_hover_background":"","ocean_menu_link_active_background":"","ocean_menu_social_links_bg":"","ocean_menu_social_hover_links_bg":"","ocean_menu_social_links_color":"","ocean_menu_social_hover_links_color":"","ocean_disable_title":"default","ocean_disable_heading":"default","ocean_post_title":"","ocean_post_subheading":"","ocean_post_title_style":"","ocean_post_title_background_color":"","ocean_post_title_background":0,"ocean_post_title_bg_image_position":"","ocean_post_title_bg_image_attachment":"","ocean_post_title_bg_image_repeat":"","ocean_post_title_bg_image_size":"","ocean_post_title_height":0,"ocean_post_title_bg_overlay":0.5,"ocean_post_title_bg_overlay_color":"","ocean_disable_breadcrumbs":"default","ocean_breadcrumbs_color":"","ocean_breadcrumbs_separator_color":"","ocean_breadcrumbs_links_color":"","ocean_breadcrumbs_links_hover_color":"","ocean_display_footer_widgets":"default","ocean_display_footer_bottom":"default","ocean_custom_footer_template":"","ocean_post_oembed":"","ocean_post_self_hosted_media":"","ocean_post_video_embed":"","ocean_link_format":"","ocean_link_format_target":"self","ocean_quote_format":"","ocean_quote_format_link":"post","ocean_gallery_link_images":"on","ocean_gallery_id":[],"footnotes":""},"categories":[4],"tags":[40,191,834,7103,1536,183,128],"class_list":["post-27750","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market","tag-bearish","tag-dogecoin","tag-highs","tag-invalidate","tag-move","tag-remains","tag-series","entry","has-media","owp-thumbs-layout-horizontal","owp-btn-normal","owp-tabs-layout-horizontal","has-no-thumbnails","has-product-nav"],"_links":{"self":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/27750","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/comments?post=27750"}],"version-history":[{"count":1,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/27750\/revisions"}],"predecessor-version":[{"id":27751,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/27750\/revisions\/27751"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media\/27752"}],"wp:attachment":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media?parent=27750"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/categories?post=27750"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/tags?post=27750"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}