Dogecoin Price (DOGE) Set For Fresh Gains: Can It Surge Higher?

2024-8-13 08:28

Dogecoin started a fresh increase above the $0.1050 resistance against the US Dollar. DOGE is correcting gains and might find bids near the $0.1032 level.

DOGE price is facing hurdles near the $0.1100 pivot zone. The price is trading near the $0.1040 level and the 100-hourly simple moving average. There is a key bullish trend line forming with support near $0.1032 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could start a fresh increase above the $0.1065 resistance zone. Dogecoin Price Holds Key Support

In the past few sessions, Dogecoin price saw a decent increase above $0.100 like Bitcoin and Ethereum. The price was able to clear the $0.1032 and $0.1050 resistance levels.

The bulls even pushed it above $0.1080 and the 100-hourly simple moving average. A high was formed at $0.1090 and the price is now correcting gains. The price declined below the $0.1060 level. There was a drop below the 50% Fib retracement level of the upward move from the $0.1000 swing low to the $0.1090 high.

Dogecoin is now trading near the $0.1040 level and the 100-hourly simple moving average. Besides, there is a key bullish trend line forming with support near $0.1032 on the hourly chart of the DOGE/USD pair.

The trend line is close to the 61.8% Fib retracement level of the upward move from the $0.1000 swing low to the $0.1090 high. Immediate resistance on the upside is near the $0.1065 level. The next major resistance is near the $0.1080 level. A close above the $0.1080 resistance might send the price toward the $0.1100 resistance. Any more gains might send the price toward the $0.1120 level. The next major stop for the bulls might be $0.1150.

More Downsides In DOGE?

If DOGE’s price fails to recover above the $0.1065 level, it could continue to move down. Initial support on the downside is near the $0.1032 level. The next major support is near the $0.1020 level.

The main support sits at $0.1000. If there is a downside break below the $0.1000 support, the price could decline further. In the stated case, the price might decline toward the $0.0900 level or even $0.0880 in the near term.

Technical Indicators

Hourly MACD – The MACD for DOGE/USD is now losing momentum in the bullish zone.

Hourly RSI (Relative Strength Index) – The RSI for DOGE/USD is now below the 50 level.

Major Support Levels – $0.1032 and $0.1000.

Major Resistance Levels – $0.1065 and $0.1100.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Dogecoin (DOGE) на Currencies.ru

$ 0.4022 (-1.85%)
Объем 24H $9.807b
Изменеия 24h: -5.59 %, 7d: 3.84 %
Cегодня L: $0.3969 - H: $0.4254
Капитализация $59.143b Rank 7
Цена в час новости $ 0.1051 (282.68%)

doge dogecoin near gains fresh price correcting

Источник: newsbtc.com

doge dogecoin → Результатов: 126


Фото:

Dogecoin Price Prediction: Can DOGE 3x and Reach $1 in Bull Run as Next-Gen Altcoin Gains Traction

Dogecoin (DOGE) is back in the spotlight, surging 163.0% this month to hit $0.426—its highest level of the year. With crypto influencer DonAlt predicting a “second leg” of growth and Elon Musk’s tweets fueling excitement, many wonder: can DOGE 3x and reach $1? Meanwhile, JetBolt (JBOLT) is making waves with […]

2024-11-22 15:32


Dogecoin Community Celebrates DOGE Day – What Is It All About?

Today, the Dogecoin community, including investors, traders, and enthusiasts, are rallying to celebrate “DOGE Day,” an annual event dedicated to the beloved doggy-themed meme coin, Dogecoin (DOGE). Related Reading: Kraken Sacks 15% Of Staff—A Strategic Pivot For Growth Or A Risky Gamble? As an unofficial holiday for the Dogecoin community, DOGE Day brings together different […]

2024-11-3 02:30


Фото:

Crypto Experts Believe This New ICO Will Surpass Dogecoin (DOGE) Becoming The Biggest Memecoin

Dogecoin (DOGE) has long held the title of a leading memecoin, captivating both investors and the general public with its unique blend of humor and financial potential. However, a new ICO, Mpeppe (MPEPE), is generating significant buzz and is being heralded by crypto experts as a potential challenger to Dogecoin (DOGE)’s dominance.

2024-8-20 21:43


Expert Forecasts 700% Growth For Dogecoin (DOGE) As It Sets Sights On $1 Target

Dogecoin (DOGE), the popular meme-based cryptocurrency, has demonstrated its resilience in the market with a 2. 5% price increase over the past 24 hours, reaching a trading price of $0. 1607.   Analysts, including Altcoin Sherpa and Ali Martinez, have recently shared optimistic predictions for DOGE’s future, suggesting further gains and potential for outperformance compared to other tokens.

2024-4-23 05:00


дальше еще 77 новостей →

Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Dogecoin (DOGE) Eyes Big Break: $0.50 Within Reach

Dogecoin is gaining pace above the $0. 4250 support against the US Dollar. DOGE is trading in a bullish zone and might soon surpass the $0. 50 resistance. DOGE price started a fresh increase above the $0.