Dogecoin – February 25 – Latest News, Breaking News, Top News Headlines

Bitcoin SV tested the $ 194.5 level as resistance and attempted to climb above it. Uniswap was forced below the $ 25.5 level and showed that bearish momentum could have set in in the short term, while Dogecoin was quite volatile over the past few days and has formed a bullish pattern.

Bitcoin SV [BSV]

Source: BSV / USDT on TradingView

The trading session preceding the one at the time of writing has been tested and attempted to break above the 50% retracement level at $ 194.5. The Chaikin Money Flow was up and the MACD showed neutral momentum. That could change if the bulls steer the price above $ 194 to $ 197 and retest the $ 194.5 level as support.

This would indicate that the bulls were slowly finding the strength to push the price up to $ 204. However, the $ 197 region has rejected the bulls’ attempts several times over the past two days, and another rejection cannot yet be ruled out.

Uniswap [UNI]

Source: UNI / USDT on TradingView

The RSI drops below neutral 50 and retests several times as resistance. While UNI is gradually falling below the $ 25.5 mark. The confluence between the retracement levels is pulling for UNI’s move to $ 32.99. From two different points it gives an additional weight to the region of $ 25.25 to $ 25.5.

This confluence also indicated that the next support for UNI would be at $ 23.57. The stochastic RSI attempted to move up above oversold territory.

UNI is unable to close above the $ 25.5 region in the next few hours. The $ 23.57 level can be seen as a buying opportunity based on the price reaction over the next few days.

Dogecoin [DOGE]

Source: DOGE / USDT on TradingView

From $ 0.06 to $ 0.0432 is a drop of almost 30% that DOGE witnessed last week. Almost as quickly, DOGE recovered and was at the top of the $ 0.054 support level.

The price forms a descending triangle pattern. A breakout to the upside of this pattern on high trading volume will likely see DOGE move to $ 0.059. The Aroon indicator shows that the last two days were marked by high volatility. Short-term losses were very quickly replaced by a strong rally of $ 0.0432.

The levels to watch are $ 0.054 and $ 0.06 as support and resistance over the next few hours.

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