Dogecoin
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DOGEUSD(4 HR) DOGE has started its decent from the moon

Market in the last 24hrs
In the last 24 hours, DOGEUSD touched the middle Bollinger band and started a bearish movement which indicates that the price has accepted the middle Bollinger band as a resistance line. Trading volume has been significantly low in the last 24 hours.

Today’s Trend analysis
DOGEUSD is most likely to continue moving in this bearish direction unless we see a major jump in the volume. Price volatility remained low at approximately 6.1%, with the day's range between $0.32 — $0.34.
Price at the time of publishing: $0.33
DOGE’s market cap: $42.7 Billion

However, the Indicator summary is giving a 'STRONG SELL' signal on DOGEUSD.
Out of 11 Oscillator indicators, 3 are giving a SELL signal, 7 are neutral and 1 is giving a BUY signal.

Out of 15 Moving average indicators, 14 are giving SELL signal, 1 is giving neutral and 0 are giving a BUY signal.


Traded volume has remained comparatively low in the past 24 hours. If we don't see a sudden spike in volume then we can expect the above analysis to hold true.
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The analysis is based on signals from 26 technical indicators, out of which 15 are moving averages and the remaining 11 are oscillators. These indicator values are calculated using 4Hr candles.
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Any feedback and suggestions would help in further improving the analysis!
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