An analyst has pointed out how a Dogecoin indicator could be about to show a crossover that proved bullish the last two times for the DOGE price. Dogecoin May Be About To Show A Bullish MACD Crossover As explained by analyst Ali Martinez in a new post on X, a MACD crossover could be about to happen for DOGE soon. The “Moving Average Convergence/Divergence” (MACD) is a technical analysis indicator momentum indicator tracking the difference between two Exponential Moving Averages (EMAs) of an asset. The EMAs that the metric typically uses are the 26-period and the 12-period ones. The latter is subtracted from the former to get the indicator’s value and the line on which these values are plotted is known as the MACD line. Related Reading: Shiba Inu Leads Whale Frenzy: Large SHIB Transfers See Massive 360% Spike There is also another line relevant to the indicator called the signal line, which is just the nine-period EMA of the MACD line. The crossovers between these two lines can serve as buy or sell signal ..
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