{"id":357392,"date":"2022-11-13T11:52:57","date_gmt":"2022-11-13T16:52:57","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=357392"},"modified":"2022-11-13T12:00:45","modified_gmt":"2022-11-13T17:00:45","slug":"dogecoin-price-prediction-for-today-13-november-doge-is-under-bears-pressure","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/dogecoin-price-prediction-for-today-13-november-doge-is-under-bears-pressure","title":{"rendered":"Dogecoin Price Prediction for Today, 13 November: DOGE Is Under Bears\u2019 Pressure"},"content":{"rendered":"

The sellers’ momentum is increasing in the DOGE market<\/h2>\n

DOGEUSD Price Analysis – 13 November<\/h2>\n

In case the sellers’ pressure increases, the price may decrease to $0.07, the level may be broken downside and the support levels of $0.06 and $0.05 may be reached.  Should the support level of $0.07 holds, Dogecoin<\/a> may bounce up and face the resistance level at $0.09, which may extend to $0.11 and $0.14.<\/p>\n

DOGEUSD Market<\/h2>\n

Key levels:<\/h2>\n

Resistance levels: $0.09, $0.11, $0.14<\/p>\n

Support levels: $0.07, $0.06, $0.05<\/p>\n

 <\/p>\n

DOGEUSD Long-term Trend: Bearish<\/h2>\n

DOGEUSD<\/a> is bearish in the daily chart. Twelve days ago, the coin was on a bullish trend. The bullish trend started on 26 October at the support level of $0.06. The bulls’ momentum was strong enough to break up the $0.09 and $0.11 resistance levels. The high of $0.14 resistance level was tested. Sellers defended the just mentioned level by the production of strong bearish candles. The price declines and retested the support level of $0.07.<\/p>\n

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The fast Moving Average (9-periods) is crossing the slow Moving Average (21-periods EMA) downside to confirm the bearish trend. The crypto is trading below the two EMAs as a sign of a bearish movement. In case the sellers’ pressure increases, the price may decrease to $0.07, the level may be broken downside and the support levels of $0.06 and $0.05 may be reached.  Should the support level of $0.07 holds, the price may bounce up and face the resistance level at $0.09, which may extend to $0.11 and $0.14. The relative strength index period 14 is at 47 levels bending down to indicate a sell signal.<\/p>\n

 DOGEUSD medium-term Trend: Bearish<\/h2>\n

DOGEUSD is bearish in the 4-hour chart. Sellers gained enough momentum to defend the resistance level of $0.014. The bears push down Dogecoin and it decreased toward the low of $0.07, it is pulling back to retest the resistance level of $0.08. More pressure from the sellers may push the price below the $0.07 level.<\/p>\n

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The currency is trading around the 21-period EMA and 9-periods EMA and the two EMAs are close to each other which indicates a low bullish market. The relative strength index period 14 is at 44 levels and the signal lines pointing down exhibit a sell signal.<\/p>\n

The IMPT Token Presale Offers a Rare Investment Opportunity<\/h3>\n

At the moment, the Impact Token<\/a> presale is ongoing. Within four weeks, this digital asset has increased to nearly $13million.<\/p>\n

After Presale, D2T Will Be Listed on Bitmart<\/h3>\n

Dash 2 Trade<\/a> (D2T) is selling faster than expected, D2T token has acquired $6m for the development of the platform in the future. D2T will be listed on Bitmart soon after the presale.<\/p>\n

Related<\/strong><\/p>\n