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25 02, 2025

XAU/USD pierces $2,900 and aims further down

By |2025-02-25T22:01:30+02:00February 25, 2025|Forex News, News|0 Comments


XAU/USD Current price: $2,895.33

  • US President Donald Trump revived tariffs-related concerns and spurred risk aversion.
  • United States Consumer Confidence plummeted in February, recession concerns returned.
  • XAU/USD turned bearish in the near term, could near the $2,800 region.

Spot Gold is on the back foot in the second half of Tuesday, trading below the $2,900 mark and trimming early weekly gains. The US Dollar (USD) gathered upward momentum after Wall Street’s opening, trading firmly, particularly against commodities and commodity-linked rivals. On the contrary, the USD is mildly weak against European rivals amid falling US Treasury yields. In the case of XAU/USD, the lack of upward progress towards fresh record highs triggered profit-taking.

Concerns gyrate around the United States (US) government’s planned tariffs. President Donald Trump brought back to the table levies on Canada, Mexico and China, saying that he plans to “move forward” after the announced one-month delay, adding that additional tariffs could soon reach Chinese products.

Trump Trade Adviser Peter Navarro, however, clarified that US authorities are negotiating with Mexico and Canada, adding that levies will depend on the progress of such negotiations.

Stock markets suffered since early Asia amid Trump hitting the tech sector, with menaces on imposing restrictions to Chinese semiconductors. As a result, the tech sector is the worst performer, with the Nasdaq Composite down roughly 330 points.

Further fueling the dismal mood, the US CB Consumer Confidence report showed consumers turned more pessimistic, as the index fell to 98.3 in February from 104.1 in January. It also missed expectations of 102.7 while showing Expectations plunged to 72.9, below the 80 mark that separates growth from recession.

XAU/USD short-term technical outlook

The daily chart for the XAU/USD pair shows the bearish corrective decline could continue, particularly if the pair breaks below a bullish 20 Simple Moving Average (SMA), providing dynamic support at around $2,879.95. The 100 and 200 SMAs keep heading north far below the shorter one, limiting the potential of a sustained bearish move. Finally, technical indicators head south almost vertically, reflecting sellers’ strength yet holding above their midlines, which is not enough to confirm a steeper decline.

In the near term, and according to the 4-hour chart, the bearish case is firmer. XAU/USD plunged below a mildly bearish 20 SMA, now acting as dynamic resistance at around $2,936.20. At the same time, the pair is battling a bullish 100 SMA while technical indicators head firmly south near oversold readings. Should the pair clear the area around the mentioned 100 SMA, the slide could extend towards the next relevant level, January’s monthly high at $2,817.04.

Support levels: 2,879.95  2,863.60 2,855.45

Resistance levels: 2,908. 2,921.50 2,636.20

  



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25 02, 2025

EUR/USD, USD/JPY and AUD/USD Forecast – US Dollar Softens a Touch in Early Tuesday Trading

By |2025-02-25T21:40:07+02:00February 25, 2025|Forex News, News|0 Comments

Important DisclaimersThe content provided on the website includes general news and publications, our personal analysis and opinions, and contents provided by third parties, which are intended for educational and research purposes only. It does not constitute, and should not be read as, any recommendation or advice to take any action whatsoever, including to make any investment or buy any product. When making any financial decision, you should perform your own due diligence checks, apply your own discretion and consult your competent advisors. The content of the website is not personally directed to you, and we does not take into account your financial situation or needs.The information contained in this website is not necessarily provided in real-time nor is it necessarily accurate. Prices provided herein may be provided by market makers and not by exchanges.Any trading or other financial decision you make shall be at your full responsibility, and you must not rely on any information provided through the website. FX Empire does not provide any warranty regarding any of the information contained in the website, and shall bear no responsibility for any trading losses you might incur as a result of using any information contained in the website.The website may include advertisements and other promotional contents, and FX Empire may receive compensation from third parties in connection with the content. FX Empire does not endorse any third party or recommends using any third party’s services, and does not assume responsibility for your use of any such third party’s website or services.FX Empire and its employees, officers, subsidiaries and associates, are not liable nor shall they be held liable for any loss or damage resulting from your use of the website or reliance on the information provided on this website.Risk DisclaimersThis website includes information about cryptocurrencies, contracts for difference (CFDs) and other financial instruments, and about brokers, exchanges and other entities trading in such instruments. Both cryptocurrencies and CFDs are complex instruments and come with a high risk of losing money. You should carefully consider whether you understand how these instruments work and whether you can afford to take the high risk of losing your money.FX Empire encourages you to perform your own research before making any investment decision, and to avoid investing in any financial instrument which you do not fully understand how it works and what are the risks involved.

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25 02, 2025

Binance Coin (BNB) Price Prediction for February 24

By |2025-02-25T21:36:39+02:00February 25, 2025|Crypto News, News|0 Comments

U.Today – Sellers are controlling the situation at the beginning of the week, according to CoinStats.

The price of (BNB) has fallen by 3.11% over the last 24 hours.

On the hourly chart, the rate of BNB has made a false breakout of the local support of $633.28. As most of the ATR has been passed, there are low chances of seeing sharp moves by the end of the day.

On the bigger time frame, the price of the native exchange coin keeps falling after yesterday’s bearish closure.

If the sutuation does not change by the end of the day, the correction is likely to continue to the $600-$620 area.

From the midterm point of view, the picture is less clear. However, if the weekly candle is below the previous bar’s low of $630, traders may witness further downward move to the vital zone of $600.

Binance Coin is trading at $637 at press time.

This content was originally published on U.Today



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25 02, 2025

Pound Sterling looks to extend correction

By |2025-02-25T19:39:07+02:00February 25, 2025|Forex News, News|0 Comments

  • GBP/USD stays below 1.2650 after posting small losses on Monday.
  • Dovish BoE commentary makes it difficult for Pound Sterling to gather strength.
  • The pair could extend its correction if it breaks below 1.2600.

GBP/USD turned south after advancing to a multi-month high at the weekly opening and closed marginally lower on Monday. The pair stays relatively quiet below 1.2650, while the technical outlook points to a loss of bullish momentum.

British Pound PRICE Last 7 days

The table below shows the percentage change of British Pound (GBP) against listed major currencies last 7 days. British Pound was the strongest against the Canadian Dollar.

  USD EUR GBP JPY CAD AUD NZD CHF
USD   0.13% 0.05% -1.29% 0.53% 0.35% 0.24% -0.48%
EUR -0.13%   -0.09% -1.42% 0.40% 0.22% 0.11% -0.61%
GBP -0.05% 0.09%   -1.32% 0.49% 0.31% 0.19% -0.53%
JPY 1.29% 1.42% 1.32%   1.85% 1.66% 1.54% 0.81%
CAD -0.53% -0.40% -0.49% -1.85%   -0.19% -0.29% -1.01%
AUD -0.35% -0.22% -0.31% -1.66% 0.19%   -0.11% -0.82%
NZD -0.24% -0.11% -0.19% -1.54% 0.29% 0.11%   -0.71%
CHF 0.48% 0.61% 0.53% -0.81% 1.01% 0.82% 0.71%  

The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the British Pound from the left column and move along the horizontal line to the US Dollar, the percentage change displayed in the box will represent GBP (base)/USD (quote).

The upbeat market mood made it difficult for the US Dollar (USD) to find demand early Monday and helped GBP/USD push higher. In the second half of the day, the negative shift seen in risk sentiment supported the USD and weighed on the pair.

Meanwhile, Bank of England (BoE) Monetary Policy Committee (MPC) external member Swati Dhingra, who voted in favor of a 50 basis points (bps) rate cut at the February meeting, said on Monday that the monetary policy restrictiveness is still at a high level. “If you can cut rates by 25 bps at a quarterly pace, you’ll still be in restrictive territory all this year,” she added. 

On Tuesday, the US economic calendar will feature regional manufacturing surveys and the Conference Board’s (CB) Consumer Confidence Index data for February. Additionally, US President Donald Trump is expected to sign executive orders later in the American session.

In case safe-haven flows dominate the action in the financial markets later in the day, the USD could hold its ground and cause GBP/USD to extend its correction. As of writing, US stock index futures were trading mixed, pointing to a cautious stance.

GBP/USD Technical Analysis

GBP/USD faces interim support at 1.2600 (static level, round level). If the pair drops below this level and confirms it as resistance, additional losses toward 1.2530 (100-period Simple Moving Average (SMA) on the 4-hour chart, Fibonacci 61.8% retracement of the latest downtrend) and 1.2500 (round level, static level) could be seen.

On the upside, resistances are located at 1.2650 (Fibonacci 78.6% retracement, 100-day SMA), 1.2700-1.2710 (round level, static level) and 1.2750 (static level).

Pound Sterling FAQs

The Pound Sterling (GBP) is the oldest currency in the world (886 AD) and the official currency of the United Kingdom. It is the fourth most traded unit for foreign exchange (FX) in the world, accounting for 12% of all transactions, averaging $630 billion a day, according to 2022 data. Its key trading pairs are GBP/USD, also known as ‘Cable’, which accounts for 11% of FX, GBP/JPY, or the ‘Dragon’ as it is known by traders (3%), and EUR/GBP (2%). The Pound Sterling is issued by the Bank of England (BoE).

The single most important factor influencing the value of the Pound Sterling is monetary policy decided by the Bank of England. The BoE bases its decisions on whether it has achieved its primary goal of “price stability” – a steady inflation rate of around 2%. Its primary tool for achieving this is the adjustment of interest rates. When inflation is too high, the BoE will try to rein it in by raising interest rates, making it more expensive for people and businesses to access credit. This is generally positive for GBP, as higher interest rates make the UK a more attractive place for global investors to park their money. When inflation falls too low it is a sign economic growth is slowing. In this scenario, the BoE will consider lowering interest rates to cheapen credit so businesses will borrow more to invest in growth-generating projects.

Data releases gauge the health of the economy and can impact the value of the Pound Sterling. Indicators such as GDP, Manufacturing and Services PMIs, and employment can all influence the direction of the GBP. A strong economy is good for Sterling. Not only does it attract more foreign investment but it may encourage the BoE to put up interest rates, which will directly strengthen GBP. Otherwise, if economic data is weak, the Pound Sterling is likely to fall.

Another significant data release for the Pound Sterling is the Trade Balance. This indicator measures the difference between what a country earns from its exports and what it spends on imports over a given period. If a country produces highly sought-after exports, its currency will benefit purely from the extra demand created from foreign buyers seeking to purchase these goods. Therefore, a positive net Trade Balance strengthens a currency and vice versa for a negative balance.

 

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25 02, 2025

Life Extension Expands Magnesium Line with New Magnesium Glycinate

By |2025-02-25T19:37:00+02:00February 25, 2025|Dietary Supplements News, News|0 Comments


Life Extension Expands Magnesium Line with New Magnesium Glycinate

NEW magnesium formula for whole-body health

Life Extension’s New Magnesium Glycinate Gluten-Free and Non-GMO

Magnesium is good for your heart, bones, nerves and muscles. But these body systems use magnesium in different ways. Life Extension's Magnesium glycinate is special form of magnesium that is combined with the amino acid glycine. This form is well absorbed, allowing the different parts of your body to make use of it. Magnesium supports heart, bone, muscle and nerve health.

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Magnesium is good for your heart, bones, nerves and muscles. But these body systems use magnesium in different ways. Life Extension’s Magnesium glycinate is special form of magnesium that is combined with the amino acid glycine. This form is well absorbed, allowing the different parts of your body to make use of it. Magnesium supports heart, bone, muscle and nerve health.

Fort Lauderdale, FL, Feb. 25, 2025 (GLOBE NEWSWIRE) — What’s the buzz about magnesium glycinate? This popular form of magnesium is easy for the body to absorb, which is excellent news for those who turn to dietary supplements to ensure they have healthy magnesium levels. Indeed, 60% of Americans don’t get enough magnesium from diet alone.* From heart and bone health to muscle and nerve health, this “mighty mineral” is crucial for more than 300 biochemical reactions in the body. Life Extension’s new Magnesium Glycinate formula delivers 105 mg of magnesium to meet customers’ needs and preferences.

*Clinical study published in Nutrients.

Magnesium Glycinate is the newest addition to Life Extension’s magnesium supplement lineup, which includes Neuro-Mag® Magnesium L-Threonate for memory and quick thinking support, Extend-Release Magnesium that provides two forms of magnesium, oxide and citrate, for immediate and extended-release, Calm-Mag providing magnesium acetyl-taurate, to promote a healthy response to stress and encourage feelings of relaxation, and Magnesium Caps, which supports heart and bone health with three forms of magnesium, oxide, citrate and succinate.

“We wanted to expand our magnesium lineup to meet customer demand,” explained Elan Hofman, Ph.D., a formulation scientist at Life Extension. “Magnesium glycinate is complexed with two glycine amino acids, making it a form of magnesium the body can use effectively.”

According to Life Extension’s Director of Education, Michael A. Smith, MD, eating a well-rounded diet does not guarantee healthy levels of magnesium levels. “Unfortunately, soil degradation can impact how much magnesium we get from the food we eat,” he explained. “Even if you eat bananas and avocados every day, you may still have insufficient magnesium levels to function optimally.”

That doesn’t mean you have to take poor soil quality lying down. “Adding a daily magnesium supplement is an excellent way to augment dietary intake of this essential mineral,” added Dr. Smith.

About Life Extension® 

For more than 40 years, Life Extension has pursued innovative advances in health, conducting rigorous clinical trials and setting some of the most demanding standards in the industry to offer a full range of quality vitamins and nutritional supplements and blood-testing services. Life Extension’s Wellness Specialists provide personalized counsel to help customers choose the right products for optimal health, nutrition and personal care. To learn more, visit LifeExtension.com. 

These statements have not been evaluated by the Food and Drug Administration. These products are not intended to diagnose, treat, cure, or prevent any disease.

Attachment

CONTACT: Rey Searles

Life Extension

954-766-8433

[email protected]



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25 02, 2025

Why is Bitcoin crashing?

By |2025-02-25T19:35:45+02:00February 25, 2025|Crypto News, News|0 Comments

  • Bitcoin price falls below $90,000 on Tuesday after dropping 4.89% the previous day.
  • The total liquidations are $1.34 billion, with 367,500 traders wiped out in the past 24 hours.
  • After its recent exchange compromise, Bybit loses around $2 billion in BTC from reserves.

Bitcoin (BTC) continues to trade in red, reaching a low of $88,200 during Tuesday’s early Europen trading session and hitting the lowest level since mid-November after falling 4.89% the previous day. This price pullback triggered a wave of liquidation in the crypto market, totaling $1.34 billion, with 367,500 traders wiped out in the past 24 hours. Moreover, after its recent compromise, Bybit loses around $2 billion in BTC from reserves.

Bitcoin dips below $90,000, wiping $1.02 billion from the crypto market 

Bitcoin continues to edge down, reaching a low of $88,200 during Tuesday’s early Europen trading session after falling 4.89% the previous day. This pullback has triggered a series of liquidations in the crypto market totaling $1.34 billion and wiping 367,500 traders in the past 24 hours, according to Coinglass data. The largest single liquidation order happened on Binance – BTC/USDT, worth $20.80 million.

Strong liquidations like this could spark Fear, Uncertainty, and Doubt (FUD) among Bitcoin investors, raising selling pressure and leading to a further decline in BTC price.

Total Liquidations chart. Source: Coinglass

This correction was fueled by last week’s news that the Bybit cryptocurrency exchange was compromised, and funds worth $1.4 billion were stolen. This compromise caused Bybit to lose around $2 billion in BTC from its reserve, according to CryptoQuant data. 

A total amount of 20,190 BTC has been drained from Bybit’s reserve from Friday to Tuesday, reaching reverse levels seen in early March 2024. This was mostly because the exchange did not stop withdrawals after the ETH hack, and investors tend to withdraw funds given the uncertainty in the market.

Bitcoin exchange reserve Bybit chart. Source: CryptoQuant

Bitcoin exchange reserve Bybit chart. Source: CryptoQuant

In an exclusive interview, James Toledano, Chief Operating Officer at Unity Wallet, told FXStreet, “A major security breach at Bybit hasn’t helped on the sentiment front, shaken investor sentiment, leading to broader sell-offs across crypto assets.”

Toledano continued, “Although Bybit did raise enough to cover the losses and restore confidence and funds to their customers. But this again just highlights the importance of truly decentralized self-custodial services and wallets to store digital assets.”

Bitcoin Price Forecast: BTC heading toward $85,000 mark

Bitcoin price broke out of its prolonged consolidation phase on Monday, slipping below the $94,000 support level and closing at $91,552 after a 4.89% decline. At the time of writing on Tuesday, it continues to trade down by 2.45% at $89,300.

If BTC continues its correction, it could extend the decline to test its next support level at $85,000.

The daily chart’s Relative Strength Index (RSI) reads 30, pointing downwards and approaching its oversold levels, indicating strong bearish momentum.

BTC/USDT daily chart

BTC/USDT daily chart

However, if BTC recovers, it could extend the recovery to retest its $100,000 psychological level.

Bitcoin, altcoins, stablecoins FAQs

Bitcoin is the largest cryptocurrency by market capitalization, a virtual currency designed to serve as money. This form of payment cannot be controlled by any one person, group, or entity, which eliminates the need for third-party participation during financial transactions.

Altcoins are any cryptocurrency apart from Bitcoin, but some also regard Ethereum as a non-altcoin because it is from these two cryptocurrencies that forking happens. If this is true, then Litecoin is the first altcoin, forked from the Bitcoin protocol and, therefore, an “improved” version of it.

Stablecoins are cryptocurrencies designed to have a stable price, with their value backed by a reserve of the asset it represents. To achieve this, the value of any one stablecoin is pegged to a commodity or financial instrument, such as the US Dollar (USD), with its supply regulated by an algorithm or demand. The main goal of stablecoins is to provide an on/off-ramp for investors willing to trade and invest in cryptocurrencies. Stablecoins also allow investors to store value since cryptocurrencies, in general, are subject to volatility.

Bitcoin dominance is the ratio of Bitcoin’s market capitalization to the total market capitalization of all cryptocurrencies combined. It provides a clear picture of Bitcoin’s interest among investors. A high BTC dominance typically happens before and during a bull run, in which investors resort to investing in relatively stable and high market capitalization cryptocurrency like Bitcoin. A drop in BTC dominance usually means that investors are moving their capital and/or profits to altcoins in a quest for higher returns, which usually triggers an explosion of altcoin rallies.

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25 02, 2025

Generac price ends cautiously higher – Forecast today

By |2025-02-25T17:58:12+02:00February 25, 2025|Forex News, News|0 Comments


Generac Holdings’ stock price (GNRC) gained ground in the intraday levels, while trying to recoup some recent losses, amid the dominance of the downward correctional trend in the short term, while trading alongside a steel trend line, reflecting the negative pressure, with negative signals from the RSI after reaching overbought levels, and ongoing negative pressure as well due to trading below the 50-day SMA. 

 

Therefore we expect the stock to return lower, targeting the support of $131.66, provided the resistance of $151.60 holds on.

 

Trend forecast for today: Bearish 





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25 02, 2025

USD/JPY Price Analysis: Soft US Yields, Uncertainty Boost Yen

By |2025-02-25T17:38:34+02:00February 25, 2025|Forex News, News|0 Comments

  • USD/JPY price analysis shows a dismal scenario, leading prices below 149.50.
  • Declining US yields add strength to the selling pressure.
  • Upbeat Japanese data and uncertain markets boost the yen.

The USD/JPY price analysis reveals a vulnerable setup, retreating to the 149.50 region on Tuesday as the greenback stays weak while the yen soars on potential rate hike speculations. Sellers are gathering energy to break the 149.0 level.

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The US10Y dipped to 4.375%, which could further boost the yen and weigh on the USD/JPY pair. On the other hand, Japanese yields have also eased on BoJ Governor Ueda’s comments that the bank will intervene if yields spike. While JGB yields are off the highs, markets anticipate BoJ’s further tightening.

On the data front, Japan’s Services PPI figures went to 3.1% y/y in January. Hence, rising wages could strengthen the odds of another BoJ hike. Tokyo inflation also soared to a 21-month top, reinforcing the monetary tightening. According to Bloomberg estimates, there is an 83% probability of two rate hikes in 2025.

The US dollar stays volatile as the Fed’s expectations shift. Mixed US PMI and consumer sentiment data have raised concerns about slowed growth. Traders anxiously await further guidance from the Core PCE Index and Q4 GDP data.

Broader risk sentiment is now playing a role in driving USD/JPY prices. Nvidia’s earnings reports and end-of-month flows could also stimulate the market.

Key Economic Events Today

  • Japan Corporate Services Price Index
  • ECB’s Schnabel Speaks
  • US Consumer Confidence, Richmond Manufacturing Index
  • FOMC Member Barkin Speaks

USD/JPY Technical Price Analysis: Corrective bounce

USD/JPY Price Analysis: Soft US Yields, Uncertainty Boost Yen
USD/JPY 4-hour chart

The USD/JPY has formed a temporary bottom at 148.88 with a corrective bounce above 150.0 that couldn’t be sustained. The current price level of around 149.50 is vulnerable, and the odds of breaking the bottom are high. The 4-hour chart shows that the price has stayed below the 30-period SMA since 14th Feb. Meanwhile, RSI is well above the oversold region, which indicates that the potential for a deeper downside persists.

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On the flip side, a corrective upside could bounce to 38.2 Fib level at 151.12 ahead of 50.0 Fib at 151.82. However, the pair has to find acceptance above the 30-period SMA first.

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25 02, 2025

Life Extension Expands Magnesium Line with New Magnesium

By |2025-02-25T17:36:17+02:00February 25, 2025|Dietary Supplements News, News|0 Comments


Fort Lauderdale, FL, Feb. 25, 2025 (GLOBE NEWSWIRE) — What’s the buzz about magnesium glycinate? This popular form of magnesium is easy for the body to absorb, which is excellent news for those who turn to dietary supplements to ensure they have healthy magnesium levels. Indeed, 60% of Americans don’t get enough magnesium from diet alone.* From heart and bone health to muscle and nerve health, this “mighty mineral” is crucial for more than 300 biochemical reactions in the body. Life Extension’s new Magnesium Glycinate formula delivers 105 mg of magnesium to meet customers’ needs and preferences.
*Clinical study published in Nutrients.

Magnesium Glycinate is the newest addition to Life Extension’s magnesium supplement lineup, which includes Neuro-Mag® Magnesium L-Threonate for memory and quick thinking support, Extend-Release Magnesium that provides two forms of magnesium, oxide and citrate, for immediate and extended-release, Calm-Mag providing magnesium acetyl-taurate, to promote a healthy response to stress and encourage feelings of relaxation, and Magnesium Caps, which supports heart and bone health with three forms of magnesium, oxide, citrate and succinate.

“We wanted to expand our magnesium lineup to meet customer demand,” explained Elan Hofman, Ph.D., a formulation scientist at Life Extension. “Magnesium glycinate is complexed with two glycine amino acids, making it a form of magnesium the body can use effectively.”

According to Life Extension’s Director of Education, Michael A. Smith, MD, eating a well-rounded diet does not guarantee healthy levels of magnesium levels. “Unfortunately, soil degradation can impact how much magnesium we get from the food we eat,” he explained. “Even if you eat bananas and avocados every day, you may still have insufficient magnesium levels to function optimally.”

That doesn’t mean you have to take poor soil quality lying down. “Adding a daily magnesium supplement is an excellent way to augment dietary intake of this essential mineral,” added Dr. Smith.

About Life Extension® 
For more than 40 years, Life Extension has pursued innovative advances in health, conducting rigorous clinical trials and setting some of the most demanding standards in the industry to offer a full range of quality vitamins and nutritional supplements and blood-testing services. Life Extension’s Wellness Specialists provide personalized counsel to help customers choose the right products for optimal health, nutrition and personal care. To learn more, visit LifeExtension.com. 

These statements have not been evaluated by the Food and Drug Administration. These products are not intended to diagnose, treat, cure, or prevent any disease.



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25 02, 2025

DOGE Price Prediction for February 25

By |2025-02-25T17:35:02+02:00February 25, 2025|Crypto News, News|0 Comments

There are no reversal signals on the cryptocurrency market so far, according to CoinStats.

DOGE chart by CoinStats

DOGE/USD

The price of DOGE has declined by 10.46% over the last day.

Article image
Image by TradingView

On the hourly chart, the rate of DOGE is on its way back to the local support of $0.1972. If bears’ pressure continues, one can expect a test of the $0.19-$0.1950 zone soon.

Article image
Image by TradingView

On the bigger time frame, traders should pay attention to the candle’s closure in terms of the $0.20377 level. 

Related

Toncoin (TON) Price Prediction for February 24

If it happens around it or below, the energy might be enough for a further decline to the support of $0.1750.

Article image
Image by TradingView

On the weekly chart, there are no reversal signals so far. If the bar closes below $0.20 and with no long wick, one can expect a test of the $0.15-$0.17 range shortly.

DOGE is trading at $0.2026 at press time.

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