Baby Doge Price Prediction Today, October 18, 2022: BABY DOGE/USDT Is Retracing Support

Just when it started looking like the wind of change has returned to the BABY DOGE/USDT market, traders seem to have seen this as a selling chance. Consequently, this has resulted in price action pulling back to the downside.

Baby Doge Forecast Statistics Data:
BABY DOGE’s current price: is $0.05890
BABY DOGEs market cap: $141.29 million
Baby Doges circulating supply: 115.11 billion
BABYDOGEs total supply: 231.94 trillion
Baby Doges Coinmarketcap ranking: #231

Important Marks:
Resistance: $1.196e-9, $1.240e-9, $1.300e-9
Support: $1.180e-9, $1.175e-9, $1.160e-9

Baby Doge Price Prediction Today, October 18, 2022: BABY DOGE/USDT Retreats From Resistance

After a big Bullish price candlestick broke the resistance formed by the MA of the Bollinger indicator in the BABY DOGE/USDT daily market price retraced downwards. Nevertheless, the latest price candle here has been able to recover a bit of the lost ground, bringing the price to 1.96e-9. Furthermore, this has brightened the hopes of a bullish crossover on the MACD indicator. As we can see, the two lines of this indicator are now touching each other at the tip. The activity on the MACD implies that price movement may once again break the MA resistance of price 1.214e-9. And, should price action finds strong support above the MA, the price level 1.33e-9 may subsequently be broken as well.

Baby Doge Price Prediction Today, October 18, 2022: BABY DOGE/USDT Bulls Making Impact

Taking a look at the BABY DOGE/USDT 4-hour market, one will see that price action is now above the Bollinger MA. Additionally, the Bollinger indicator itself is now oriented slightly upwards to portray the overall trend in this market in very recent times. Consequently, we can expect price action to reach higher, despite the latest bearish price candlestick.

Also, the MACD curves have now crossed above the point 0.000. This implies that this market is in an uptrend, therefore price may continue the uptrend. Finally, summing up the signs in this market we can conclude that this market is aligning to break upwards, perhaps as stated above.