Dogecoin Price Prediction: DOGE Has Built Three RSI Divergences - Is the Breakout Finally Coming?
- DOGE trades at $0.07015 on August 11, consolidating in a rectangle range between $0.068 and $0.074 with RSI at 45.50
- A $91.73M high-leverage short position faces liquidation if DOGE reaches $0.0722, just above the range upper boundary
- Three RSI bullish divergences have formed since June, with open interest rising 4.49% to $1.17B as positions build ahead of a range break
The Dogecoin price prediction right now hinges on $0.0722, the level where a $91.73 million short position faces liquidation just above the rectangle range thatโs held DOGE since late July.
DOGE Price Analysis: Three RSI Divergences and a Bollinger Squeeze
The daily chart shows DOGE compressing inside a rectangle between $0.068 and $0.074 that has contained price since late July after the drop from the May highs near $0.12. Todayโs session opened โฆ
Read The Full Article Dogecoin Price Prediction: DOGE Has Built Three RSI Divergences โ Is the Breakout Finally Coming? On Coin Edition.
This content is automatically aggregated. Full credit goes to the original publisher (coinedition.com).
