bitcoinBTC/USD
$ 19,077.09
ethereumETH/USD
$ 1,059.48
tetherUSDT/USD
$ 1.00
cardanoADA/USD
$ 0.448524
xrpXRP/USD
$ 0.312717
usd-coinUSDC/USD
$ 1.00

Baby Doge Coin Price Prediction December 2021: Will BabyDoge Reach $0.01 in December?

BabyDoge  Technical Analysis – December 2021

Monthly Analysis

Over the last 30 days, BabyDoge has been bearish. The price initially declined by around 47%. After that, the price was in a correction, but it failed to break the upper line of the downtrend. The price then dropped by an additional 52%. Nonetheless, after finding support at $0.0000000017, the price is now moving upward once again, indicating that the buyers have taken over.

Monthly analysis for Baby Doge Coin (BabyDoge)
BabyDoge/USDT 4-Hour Chart.

Weekly Analysis

In the last 7 days, BabyDoge was initially bearish. After the price found support at $0.0000000017, the price has started increasing again. The new high is higher than the previous one, indicating a possible reversal. BabyDoge could keep increasing in the short run.

Daily Analysis

In the intraday chart, BabyDoge has been quite volatile. The price has fluctuated by 8-9% in recent hours, and it has been in a phase of consolidation. The coming hours could prove to be crucial on whether BabyDoge reverses the trend or not.

Key Structures

Support

  • $0.0000000017

Resistance

  • $0.0000000026

Indicators

Moving Average

The 20-moving average of a 4-hour chart is below the price due to the recent increase of BabyDoge. This indicates that the trend could now be upward and that the price of BabyDoge could keep increasing in the coming days.

The 9-EMA is slightly above the price due to the recent retracement in a 4-hour chart. This could see the EMA line act as resistance to the price of BabyDoge. Nonetheless, BabyDoge could find support soon.

Volume

The trading volume of a 4-hour chart has declined in the recent candlesticks, together with the price. With both the price and volume declining, this hints at a possible reversal once the buyers take over.

MACD

The MACD line is now above the price due to the recent upward surge of BabyDoge, indicating that the momentum is bullish in a 4-hour chart. However, with the recent retracement, the lines are now converging, and it could son lead to a shift in the momentum for Baby Doge Coin.

Fear & Greed 

The fear and greed indicator of a 4-hour chart suggests that the current emotion of BabyDoge traders is greed due to the recent bullish breakout. This means that buyers have taken over and that the price of BabyDoge could keep increasing.

Fear and greed indicator for Baby Doge Coin (BabyDoge)
Fear & Greed for BabyDoge/USDT in a 4-Hour Chart.

Fibonacci

The Fibonacci retracement levels of a 4-hour chart suggest that the price of BabyDoge has retraced to the 38.2% Fibonacci level. It is currently having support at that zone. Furthermore, it also aligns with previous resistance structures, meaning that this support level could prove to be strong and boost the price of BabyDoge even higher.

Fibonacci Retracement Levels for Baby DOge Coin (BabyDoge)
Fibonacci Levels for BabyDoge/USDT in 4-Hour Chart.

Price Prediction BabyDoge  – December 2021

Based on this technical analysis on Baby Doge Coin (BabyDoge) we could see its price have another upward surge soon as the recent price pattern and our indicators suggest so. BabyDoge could break resistance at $0.0000000026 and continue its journey upward. Once the trend moves upward and the momentum of BTC continues, we could see BabyDoge hit a new all-time high this month.

Latest News for BabyDoge  – Affecting Price

Baby Doge Coin has recently teased its community with the upcoming NFTs that they are developing. With NFTs becoming more popular, this could greatly impact the price of BabyDoge in the coming weeks.

Also read: Baby Doge Coin Price Prediction 2022 and Beyond- Can BABYDOGE Eventually Hit $1?

Also read:

Related News

Will KuCoin Token Reach $100 in 2022 – KuCoin Price Forecast

KuCoin is a popular cryptocurrency exchange because of its cheap fees and extensive range of features. The platform allows you to trade in futures and margin products, using a vast variety of tokens to pick from. The crypto exchange also has a native coin KuCoin Token (KCS). KuCoin’s numerous features, low costs, and wide range of cryptocurrencies make it a great choice for experienced cryptocurrency traders. But what about its

Read More »
Ethereum Price Prediction May 2022: Will ETH Reach $5,000 in May?

Ethereum Price Prediction May 2022: Will ETH Reach $5,000 in May?

ETH Technical Analysis – May 2022 Ever since hitting an all-time high in November of 2021 at around $4,800, the price of Ethereum (ETH) has been in a downtrend. Initially, the price declined by around 26%, and ETH ended the year at $3,500. That bearish momentum continued in January as well, where ETH declined by almost 45% in January alone. However, ETH managed to find support at $2,160, which then

Read More »
Bitcoin Price Prediction May 2022: Will BTC Reach $100,000 in May?

Bitcoin Price Prediction May 2022: Will BTC Reach $100,000 in May?

BTC Technical Analysis – May 2022 Ever since Bitcoin (BTC) reached its all-time high in November of 2021 at around $69,000, the price has been in a downtrend. The price initially declined by more than 30%. BTC ended the year at around $50,000.  In 2022, BTC maintained that similar approach, where the price declined by an additional 35% in the first few weeks of the year. After finding support at

Read More »

My Coins

bitcoinBitcoin
$ 19,077.091.33%
ethereumEthereum
$ 1,059.480.14%
cardanoCardano
$ 0.4485240.89%
tetherTether
$ 1.000.36%

Newest Videos on YouTube

We inform and educate people about Cryptocurrencies and Blockchain technology.

© Copyright 2021, All Rights Reserved,
Crypto Academy

Bitcoin

Contact Us

For any question conatct us through:

sales@crypto-academy.org

Disclaimer: All information and materials on this website are for educational purposes only. Crypto-academy.org does not provide any form of financial advice. Cryptocurrencies are highly volatile, therefore any form of investing carries a high level of risk to your capital. It is recommended that you seek professional advice prior to implementing any investment or financial plan.

We do not ask you for your Cryptocurrency / We do not hold your Coins / We do not ask for Private Keys / Be aware of scammers and imposters.

Contact us only through: sales@crypto-academy.org