CoinJournal and CoinTurk News EN both cite CoinGlass data for Wednesday's Dogecoin long-to-short ratio but report different figures.
CoinJournal and CoinTurk News EN both cite CoinGlass data for Wednesday's Dogecoin long-to-short ratio but report different figures.
What all sources agree on
- Dogecoin was trading near $0.090 on Wednesday.
- DOGE recorded a weekly loss of more than 5%.
- DOGE remained below its 200-day EMA, positioned at $0.093.
- DOGE stayed above its 50-day EMA at $0.088 and 100-day EMA at $0.086.
- The RSI on the daily chart was around 48, with the MACD mildly negative.
- Key support was identified at $0.088, with $0.086 as secondary support, and a break below $0.085 raising the prospect of a move toward $0.070.
- Reclaiming $0.093 was described as necessary to ease bearish pressure, with $0.102 cited as the next resistance.
- CryptoQuant data was cited as pointing to selling pressure from large holders/orders across spot and futures markets.
Where the reports disagree
1CoinGlass long-to-short ratio value for Wednesday
CoinGlass' Dogecoin long-to-short ratio stood at 0.85 on Wednesday, its lowest level in more than a month.
metrics from data analytics firm CoinGlass indicating the long-to-short ratio has dropped to 0.68, marking a one-month low.
What would settle it: CoinGlass's own published long-to-short ratio data for Dogecoin on the date in question.
What to make of it
Treat the broader technical picture — price near $0.090, the 50/100/200-day EMA levels, and the $0.088/$0.086/$0.070 support zones — as consistently reported, but do not cite a specific CoinGlass long-to-short ratio figure until the two accounts are reconciled against CoinGlass's own data.
Treat the broader technical picture — price near $0.090, the 50/100/200-day EMA levels, and the $0.088/$0.086/$0.070 support zones — as consistently reported, but do not cite a specific CoinGlass long-to-short ratio figure until the two accounts are reconciled against CoinGlass's own data.
