Dogecoin swelled at sharp prices during the trading window from 5 to 6 September, as it increased by about 1 % as 29 % jumped higher than the weekly averages. The mid -day sale has been absorbed to $ 0.213 by buyers, confirming the institutional support and speculation that depends on ETF. Traders are now watching $ 0.22 as the main penetration threshold that can determine the near -term momentum.
News background
Dogoin connection The highest local level of $ 0.2157Its strongest in weeks, with trading volume 29.19 % higher than the weekly standards.
• Reports appeared from a Treasury bonds initiative worth 200 million dollarsLed by Legal Adviser to Elon Musk, it enhances institutional credibility.
• It was said that the shares of Rex and Osprey boxes were presented The first ETF DOGECOINWith the expected decisions in October.
• Futures activity increased by 119 % in August, which reflects the increase in institutional sites around the digital assets based on the M.
Summary of the price procedure
• Doug trading in a 0.008 dollar range (3.6 %) Between $ 0.213 and $ 0.221.
• The most severe step was struck at 14:00, when the price is He decreased from $ 0.220 to $ 0.213 on 1.31B sizeStrong support.
• Raed Dog again about $ 0.216 by a closing session, while defending buyers constantly from 0.213 – 0.214 dollars.
• One hour window of 05: 13-06: 12 saw a Resistance break higher than 0.2157 dollars on 3.06M SizeHint to renewed bullish pressure.
Technical analysis
• Supports: A strong base at $ 0.213 – $ 0.214, healthy is valid by 1.3B in sale.
• resistance: Wip the ceiling at 0.220 – 0.221 dollars, with multiple rejection.
• batch: Trying to collapse at $ 0.2157 indicates a continued climb if $ 0.22 is scanned.
• Patters: Signs of accumulation within the scope of tight monotheism; Triangle landing on Doge/BTC pairs separated to the top (Cryptokaleo has been reported).
• Indicators: RSI fixed near the mid -fifties (Neutral); The Macd chart is close to the potential upper intersection.
What the merchants see
• Whether it can Sustainability calls over $ 0.22 To run an extended march.
• Institutional flows are linked to Treasury initiative 200 million dollars And capabilities ETF approval.
• The expected hacking goals between 0.30 – 0.35 dollars If resistance is wiped; The risk of the negative side remains towards 0.21 dollars Supports.
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