Dogecoin started a fresh increase above the $0.250 zone against the US Dollar. DOGE is now consolidating and might aim for more gains above $0.270. DOGE price started a fresh upward move above $0.250 and $0.2550. The price is trading above the $0.2550 level and the 100-hourly simple moving average. There is a bullish trend line forming with support at $0.2580 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could aim for more gains if it remains stable above $0.2550. Dogecoin Price Turns Green Dogecoin price started a fresh increase after it settled above $0.2350, like Bitcoin and Ethereum. DOGE climbed above the $0.250 resistance to enter a positive zone. The bulls were able to push the price above $0.260 and $0.2620. A high was formed at $0.2701 and the price is now consolidating gains near the 23.6% Fib retracement level of the recent wave from the $0.2507 swing low to the $0.2701 high. Dogecoin price is now trading above the $0.260 level and the 100-hourly simple moving average. Besides, there is a bullish trend line forming with support at $0.2580 on the hourly chart of the DOGE/USD pair. If there is another increase, immediate resistance on the upside is near the $0.270 level. The first major resistance for the bulls could be near the $0.2720 level. The next major resistance is near the $0.280 level. A close above the $0.280 resistance might send the price toward $0.2880. Any more gains might send the price toward $0.2920. The next major stop for the bulls might be $0.30. Pullback In DOGE? If DOGE’s price fails to climb above the $0.270 level, it could start a downside correction. Initial support on the downside is near the $0.2650 level. The next major support is near the $0.2580 level and the trend line. The main support sits at $0.250. If there is a downside break below the $0.250 support, the price could decline further. In the stated case, the price might slide toward the $0.2320 level or even $0.2250 in the near term. Technical Indicators Hourly MACD – The MACD for DOGE/USD is now gaining momentum in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for DOGE/USD is now above the 50 level. Major Support Levels – $0.2580 and $0.2550. Major Resistance Levels – $0.2700 and $0.2720.
Dogecoin started a fresh decline below the $0.250 zone against the US Dollar. DOGE is now consolidating and might dip further if it stays below $0.2550. DOGE price started a fresh decline below the $0.250 level. The price is trading below the $0.250 level and the 100-hourly simple moving average. There is a bearish trend line forming with resistance at $0.2450 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could extend losses if there is a move below $0.230. Dogecoin Price Turns Red Dogecoin price started a fresh decline after it closed below $0.2550, like Bitcoin and Ethereum. DOGE declined below the $0.250 and $0.2450 support levels. The price even traded below $0.2350. A low was formed near $0.230, and the price recently attempted a recovery wave. There was a move above the 23.6% Fib retracement level of the main decline from the $0.2888 swing high to the $0.2302 low. However, the bears were active near the $0.250 resistance. Besides, there is a bearish trend line forming with resistance at $0.2450 on the hourly chart of the DOGE/USD pair. Dogecoin price is now trading below the $0.250 level and the 100-hourly simple moving average. If there is a recovery wave, immediate resistance on the upside is near the $0.2450 level and the trend line. The first major resistance for the bulls could be near the $0.250 level. The next major resistance is near the $0.260 level. It is close to the 50% Fib retracement level of the main decline from the $0.2888 swing high to the $0.2302 low. A close above the $0.260 resistance might send the price toward the $0.2780 resistance. Any more gains might send the price toward the $0.2840 level. The next major stop for the bulls might be $0.2920. More Losses In DOGE? If DOGE’s price fails to climb above the $0.2450 level, it could continue to move down. Initial support on the downside is near the $0.2320 level. The next major support is near the $0.230 level. The main support sits at $0.2250. If there is a downside break below the $0.2250 support, the price could decline further. In the stated case, the price might slide toward the $0.2120 level or even $0.2050 in the near term. Technical Indicators Hourly MACD – The MACD for DOGE/USD is now gaining momentum in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for DOGE/USD is now below the 50 level. Major Support Levels – $0.2320 and $0.2300. Major Resistance Levels – $0.2450 and $0.2500.
Dogecoin started a fresh decline below the $0.2550 zone against the US Dollar. DOGE is now consolidating and might dip further if it stays below $0.260. DOGE price started a fresh decline below the $0.2550 level. The price is trading below the $0.2550 level and the 100-hourly simple moving average. There is a bearish trend line forming with resistance at $0.250 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could start a decent recovery wave if it stays above the $0.2250 zone. Dogecoin Price Dips Further Dogecoin price started a fresh decline after there was a close below $0.2620, like Bitcoin and Ethereum. DOGE declined below the $0.2550 and $0.250 support levels. The price even traded below $0.240. A low was formed at $0.2303, and the price is now consolidating losses below the 23.6% Fib retracement level of the recent decline from the $0.2888 swing high to the $0.2303 low. Besides, there is a bearish trend line forming with resistance at $0.250 on the hourly chart of the DOGE/USD pair. Dogecoin price is now trading below the $0.2450 level and the 100-hourly simple moving average. If there is a recovery wave, immediate resistance on the upside is near the $0.2440 level. The first major resistance for the bulls could be near the $0.250 level and the trend line. The next major resistance is near the $0.260 level. It is close to the 50% Fib retracement level of the recent decline from the $0.2888 swing high to the $0.2303 low. A close above the $0.260 resistance might send the price toward the $0.280 resistance. Any more gains might send the price toward the $0.2880 level. The next major stop for the bulls might be $0.30. Another Drop In DOGE? If DOGE’s price fails to climb above the $0.250 level, it could continue to move down. Initial support on the downside is near the $0.2350 level. The next major support is near the $0.230 level. The main support sits at $0.2250. If there is a downside break below the $0.2250 support, the price could decline further. In the stated case, the price might slide toward the $0.2120 level or even $0.2050 in the near term. Technical Indicators Hourly MACD – The MACD for DOGE/USD is now losing momentum in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for DOGE/USD is now below the 50 level. Major Support Levels – $0.2350 and $0.2300. Major Resistance Levels – $0.2500 and $0.2600.
Dogecoin started a fresh decline below the $0.2650 zone against the US Dollar. DOGE is now consolidating and might dip further below $0.2450. DOGE price started a fresh decline below the $0.2620 level. The price is trading below the $0.260 level and the 100-hourly simple moving average. There is a bearish trend line forming with resistance at $0.2550 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could start a fresh upward move if it stays above the $0.2450 zone. Dogecoin Price Dips Again Dogecoin price started a fresh decline after there was a close below $0.2720, like Bitcoin and Ethereum. DOGE declined below the $0.2620 and $0.2550 support levels. The price even traded below $0.250. A low was formed at $0.2451 and the price is now consolidating losses below the 23.6% Fib retracement level of the recent decline from the $0.2887 swing high to the $0.2451 low. Besides, there is a bearish trend line forming with resistance at $0.2550 on the hourly chart of the DOGE/USD pair. Dogecoin price is now trading below the $0.250 level and the 100-hourly simple moving average. If there is a recovery wave, immediate resistance on the upside is near the $0.2520 level. The first major resistance for the bulls could be near the $0.2550 level. The next major resistance is near the $0.2720 level. It is close to the 61.8% Fib retracement level of the recent decline from the $0.2887 swing high to the $0.2451 low. A close above the $0.2720 resistance might send the price toward the $0.280 resistance. Any more gains might send the price toward the $0.2880 level. The next major stop for the bulls might be $0.30. Another Drop In DOGE? If DOGE’s price fails to climb above the $0.2550 level, it could continue to move down. Initial support on the downside is near the $0.2450 level. The next major support is near the $0.2320 level. The main support sits at $0.2250. If there is a downside break below the $0.2250 support, the price could decline further. In the stated case, the price might slide toward the $0.2120 level or even $0.2050 in the near term. Technical Indicators Hourly MACD – The MACD for DOGE/USD is now gaining momentum in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for DOGE/USD is now below the 50 level. Major Support Levels – $0.2450 and $0.2320. Major Resistance Levels – $0.2550 and $0.2720.
Dogecoin started a fresh decline below the $0.220 zone against the US Dollar. DOGE is now consolidating and might dip further below $0.2050. DOGE price started a fresh decline below the $0.220 level. The price is trading below the $0.2150 level and the 100-hourly simple moving average. There is a bearish trend line forming with resistance at $0.2160 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could start a fresh upward move if it stays above the $0.20 zone. Dogecoin Price Dips Again Dogecoin price started a fresh decline after there was a close below $0.2320, like Bitcoin and Ethereum. DOGE declined below the $0.220 and $0.2150 support levels. The price even traded below $0.210. A low was formed at $0.2059 and the price is now consolidating losses. There was a minor recovery wave but the price is still below the 23.6% Fib retracement level of the recent decline from the $0.2672 swing high to the $0.2059 low. Dogecoin price is now trading below the $0.2150 level and the 100-hourly simple moving average. If there is a recovery wave, immediate resistance on the upside is near the $0.2160 level. There is also a bearish trend line forming with resistance at $0.2160 on the hourly chart of the DOGE/USD pair. The first major resistance for the bulls could be near the $0.2280 level. The next major resistance is near the $0.2365 level. It is close to the 50% Fib retracement level of the recent decline from the $0.2672 swing high to the $0.2059 low. A close above the $0.2365 resistance might send the price toward the $0.2450 resistance. Any more gains might send the price toward the $0.250 level. The next major stop for the bulls might be $0.2550. Another Decline In DOGE? If DOGE’s price fails to climb above the $0.2160 level, it could continue to move down. Initial support on the downside is near the $0.2060 level. The next major support is near the $0.2020 level. The main support sits at $0.20. If there is a downside break below the $0.20 support, the price could decline further. In the stated case, the price might slide toward the $0.1880 level or even $0.1820 in the near term. Technical Indicators Hourly MACD – The MACD for DOGE/USD is now gaining momentum in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for DOGE/USD is now below the 50 level. Major Support Levels – $0.2000 and $0.1880. Major Resistance Levels – $0.2160 and $0.2280.
Dogecoin started a fresh decline below the $0.2320 zone against the US Dollar. DOGE is now consolidating and might dip further below $0.210. DOGE price started a fresh decline below the $0.2250 level. The price is trading below the $0.2250 level and the 100-hourly simple moving average. There is a bearish trend line forming with resistance at $0.220 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could start a fresh upward move if it stays above the $0.2080 zone. Dogecoin Price Dips Further Dogecoin price started a fresh decline after there was a close below $0.240, like Bitcoin and Ethereum. DOGE declined below the $0.2320 and $0.2250 support levels. The price even traded below $0.2120. A low was formed at $0.2078 and the price is now consolidating losses. There was a minor recovery wave above the 23.6% Fib retracement level of the recent decline from the $0.2430 swing high to the $0.2078 low. Dogecoin price is now trading below the $0.2250 level and the 100-hourly simple moving average. If there is a recovery wave, immediate resistance on the upside is near the $0.220 level. There is also a bearish trend line forming with resistance at $0.220 on the hourly chart of the DOGE/USD pair. The first major resistance for the bulls could be near the $0.2250 level. It is close to the 50% Fib retracement level of the recent decline from the $0.2430 swing high to the $0.2078 low. The next major resistance is near the $0.2320 level. A close above the $0.2320 resistance might send the price toward the $0.2450 resistance. Any more gains might send the price toward the $0.250 level. The next major stop for the bulls might be $0.2550. Another Decline In DOGE? If DOGE’s price fails to climb above the $0.2250 level, it could continue to move down. Initial support on the downside is near the $0.2120 level. The next major support is near the $0.2080 level. The main support sits at $0.2050. If there is a downside break below the $0.2050 support, the price could decline further. In the stated case, the price might decline toward the $0.20 level or even $0.1920 in the near term. Technical Indicators Hourly MACD – The MACD for DOGE/USD is now gaining momentum in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for DOGE/USD is now below the 50 level. Major Support Levels – $0.2120 and $0.2050. Major Resistance Levels – $0.2250 and $0.2320.
Dogecoin started a fresh decline below the $0.250 zone against the US Dollar. DOGE is now consolidating and might dip further below $0.2250. DOGE price started a fresh decline below the $0.2420 level. The price is trading below the $0.2320 level and the 100-hourly simple moving average. There was a break below a key rising channel with support at $0.2295 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could start a fresh upward move if it stays above the $0.2165 zone. Dogecoin Price Dips Again Dogecoin price started a fresh increase above the $0.240 resistance zone, like Bitcoin and Ethereum. DOGE even spiked above $0.2420 before the bears appeared. A high was formed at $0.2430 and the price started a fresh decline. There was a move below the $0.240 and $0.2350 levels. The price dipped below the 50% Fib retracement level of the upward move from the $0.2163 swing low to the $0.2430 high. Besides, there was a break below a key rising channel with support at $0.2295 on the hourly chart of the DOGE/USD pair. Dogecoin price is now trading below the $0.2320 level and the 100-hourly simple moving average. The bulls are now protecting the 76.4% Fib retracement level of the upward move from the $0.2163 swing low to the $0.2430 high. If there is a recovery wave, immediate resistance on the upside is near the $0.2295 level. The first major resistance for the bulls could be near the $0.2320 level. The next major resistance is near the $0.2420 level. A close above the $0.2420 resistance might send the price toward the $0.250 resistance. Any more gains might send the price toward the $0.2650 level. The next major stop for the bulls might be $0.2780. More Losses In DOGE? If DOGE’s price fails to climb above the $0.2320 level, it could continue to move down. Initial support on the downside is near the $0.2220 level. The next major support is near the $0.2165 level. The main support sits at $0.2150. If there is a downside break below the $0.2150 support, the price could decline further. In the stated case, the price might decline toward the $0.2050 level or even $0.2020 in the near term. Technical Indicators Hourly MACD – The MACD for DOGE/USD is now gaining momentum in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for DOGE/USD is now below the 50 level. Major Support Levels – $0.2165 and $0.2150. Major Resistance Levels – $0.2320 and $0.2420.
Dogecoin started a fresh increase from the $0.1950 zone against the US Dollar. DOGE is now consolidating and might aim for more gains above $0.2250. DOGE price started a fresh increase above the $0.2120 level. The price is trading above the $0.2150 level and the 100-hourly simple moving average. There is a key bullish trend line forming with support at $0.2150 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could start a fresh upward move if it clears the $0.2250 and $0.2350 resistance levels. Dogecoin Price Regains Traction Dogecoin price started a fresh increase above the $0.2020 resistance zone, like Bitcoin and Ethereum. DOGE was able to clear the $0.2120 and $0.2150 resistance levels. There was a clear move above the $0.220 level. Finally, the price tested $0.2250. A high is formed at $0.224 and the price is now consolidating above the 23.6% Fib retracement level of the upward move from the $0.1956 swing low to the $0.2243 high. Dogecoin price is now trading above the $0.220 level and the 100-hourly simple moving average. There is also a key bullish trend line forming with support at $0.2150 on the hourly chart of the DOGE/USD. Immediate resistance on the upside is near the $0.2250 level. The first major resistance for the bulls could be near the $0.2320 level. The next major resistance is near the $0.2420 level. A close above the $0.2420 resistance might send the price toward the $0.250 resistance. Any more gains might send the price toward the $0.2650 level. The next major stop for the bulls might be $0.2780. Another Decline In DOGE? If DOGE’s price fails to climb above the $0.2250 level, it could start a fresh decline. Initial support on the downside is near the $0.2175 level. The next major support is near the $0.2150 level. The main support sits at $0.210 or the 50% Fib retracement level of the upward move from the $0.1956 swing low to the $0.2243 high. If there is a downside break below the $0.2150 support, the price could decline further. In the stated case, the price might decline toward the $0.2050 level or even $0.2020 in the near term. Technical Indicators Hourly MACD – The MACD for DOGE/USD is now gaining momentum in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for DOGE/USD is now above the 50 level. Major Support Levels – $0.2175 and $0.2150. Major Resistance Levels – $0.2250 and $0.2320.
Dogecoin started a fresh decline from the $0.2120 zone against the US Dollar. DOGE is now consolidating and might decline below the $0.1940 support. DOGE price started a fresh decline below the $0.2050 level. The price is trading below the $0.20 level and the 100-hourly simple moving average. There is a key declining channel forming with resistance at $0.20 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could start a fresh upward move if it clears the $0.20 and $0.2050 resistance levels. Dogecoin Price Dips Again Dogecoin price started a fresh decline from the $0.2120 resistance zone, underperforming Bitcoin and Ethereum. DOGE declined below the $0.2050 and $0.20 support levels. There was a steady decline below the 50% Fib retracement level of the upward move from the $0.1886 swing low to the $0.2112 high. The bears even pushed the price below the $0.1980 level. There is also a key declining channel forming with resistance at $0.20 on the hourly chart of the DOGE/USD pair. Dogecoin price is now trading below the $0.1980 level and the 100-hourly simple moving average. Immediate resistance on the upside is near the $0.20 level. The first major resistance for the bulls could be near the $0.2050 level. The next major resistance is near the $0.2120 level. A close above the $0.2120 resistance might send the price toward the $0.2250 resistance. Any more gains might send the price toward the $0.2350 level. The next major stop for the bulls might be $0.250. More Losses In DOGE? If DOGE’s price fails to climb above the $0.2050 level, it could start a fresh decline. Initial support on the downside is near the $0.1940 level or the 76.4% Fib retracement level of the upward move from the $0.1886 swing low to the $0.2112 high. The next major support is near the $0.1880 level. The main support sits at $0.1750. If there is a downside break below the $0.1750 support, the price could decline further. In the stated case, the price might decline toward the $0.1680 level or even $0.1620 in the near term. Technical Indicators Hourly MACD – The MACD for DOGE/USD is now gaining momentum in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for DOGE/USD is now below the 50 level. Major Support Levels – $0.1940 and $0.1880. Major Resistance Levels – $0.2000 and $0.2050.
Dogecoin started a fresh decline from the $0.250 zone against the US Dollar. DOGE is now consolidating and might decline below the $0.2220 support. DOGE price started a fresh decline below the $0.2350 level. The price is trading below the $0.2320 level and the 100-hourly simple moving average. There is a bearish trend line forming with resistance at $0.2280 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could start a fresh upward move if it clears the $0.2280 and $0.2350 resistance levels. Dogecoin Price Eyes Recovery Wave Dogecoin price started a fresh decline from the $0.250 resistance zone, underperforming Bitcoin and Ethereum. DOGE declined below the $0.2350 and $0.2320 support levels. The decline gained pace below the $0.2300 level. A low was formed at $0.2225 and the price is now consolidating losses. There is also a bearish trend line forming with resistance at $0.2280 on the hourly chart of the DOGE/USD pair. Dogecoin price is now trading below the $0.2320 level and the 100-hourly simple moving average. Immediate resistance on the upside is near the $0.2280 level and the 23.6% Fib retracement level of the downward move from the $0.2486 swing high to the $0.2225 low. The first major resistance for the bulls could be near the $0.2350 level or the 50% Fib retracement level of the downward move from the $0.2486 swing high to the $0.2225 low. The next major resistance is near the $0.2420 level. A close above the $0.2420 resistance might send the price toward the $0.250 resistance. Any more gains might send the price toward the $0.2550 level. The next major stop for the bulls might be $0.2650. Downside Correction In DOGE? If DOGE’s price fails to climb above the $0.2280 level, it could start a downside correction. Initial support on the downside is near the $0.2220 level. The next major support is near the $0.2120 level. The main support sits at $0.2050. If there is a downside break below the $0.2050 support, the price could decline further. In the stated case, the price might decline toward the $0.1980 level or even $0.1920 in the near term. Technical Indicators Hourly MACD – The MACD for DOGE/USD is now gaining momentum in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for DOGE/USD is now below the 50 level. Major Support Levels – $0.2220 and $0.2120. Major Resistance Levels – $0.2280 and $0.2350.
Crypto analyst MMBTtrader has predicted that the Dogecoin price could record a 60% rally from its current level. He highlighted an ascending channel that the foremost meme coin needs to break above to witness this massive uptrend. Dogecoin Price Eyes 60% Rally To $0.4 In a TradingView post, MMBTtrader predicted that the Dogecoin price could rally to as high as $0.4 once it breaks above the ascending channel at around $0.243. He claimed that with good volume, the market will pump nonstop. The analyst is confident that this will happen, declaring that the breakout will be huge and that a 60% rally is a likely target. Related Reading: This Fibonacci Level Puts The Dogecoin Price Above $10 This Cycle MMBTtrader also stated that the market would be extremely bullish if the Dogecoin price should rally to this $0.4 target. He predicted that the $0.75 and $1 price levels will be in sight once DOGE reaches $0.4. A rally to these $0.75 and $1 targets would mark new all-time highs (ATHs) for the leading meme coin. DOGE has sometimes lagged behind other meme coins. However, the crypto analyst expects the Dogecoin price to pump massively this time and be “a leader of memes for weeks.” The meme coin looks to be already leading the way, standing out as one of the top gainers during the current crypto market rally. The Dogecoin price has broken above the psychological $0.2 level and looks ready to reach new highs in the coming weeks, with a break above the $0.42 level, MMBTtrader highlighted. Fundamentals, such as the potential launch of Dogecoin ETFs, could serve as a tailwind for higher prices. Bloomberg analysts James Seyffart and Eric Balchunas predict there is a 90% chance the SEC will approve these funds this year. Only A Matter Of Time For DOGE In an X post, crypto analyst Kevin Capital remarked that it is only a matter of time before the Dogecoin price makes its move back up to between $0.28 and $0.30 and then “well beyond.” He added that as long as the Bitcoin price holds up and continues to show strength, this move for DOGE should come sooner rather than later. Related Reading: Dogecoin Returns To December 2020 Levels, Is Another 36,000% Rally Possible? Crypto analyst Trader Tardigrade revealed that the DOGE/BTC pair has formed a Cup-and-Handle pattern and broken out of the trendline. He had noted that this bullish pattern suggests that the meme coin may outperform the flagship crypto. The analyst added that the Dogecoin price has gained strong momentum. This recent analysis echoes an earlier prediction, when Trader Tardigrade also stated that DOGE may soon show a God candle on its BTC pair. At the time of writing, the Dogecoin price is trading at around $0.24, up 14% in the last 24 hours, according to data from CoinMarketCap. Featured image from iStock, chart from Tradingview.com
Dogecoin started a fresh increase above the $0.20 zone against the US Dollar. DOGE is now consolidating and might aim for a move above $0.2120. DOGE price started a fresh increase above the $0.1880 and $0.20 levels. The price is trading above the $0.20 level and the 100-hourly simple moving average. There is a bullish trend line forming with support at $0.2060 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could start a fresh rally if it clears the $0.2120 and $0.2180 resistance levels. Dogecoin Price Eyes More Gains Dogecoin price started a fresh increase from the $0.1880 zone, like Bitcoin and Ethereum. DOGE was able to climb above the $0.1950 and $0.200 resistance levels. The bulls even pushed the price above the $0.2120 resistance. Finally, the price traded close to the $0.2220 resistance. A high was formed at $0.2205 and the price is now correcting gains. There was a move below the 23.6% Fib retracement level of the upward move from the $0.1885 swing low to the $0.2205 high. Dogecoin price is now trading above the $0.2020 level and the 100-hourly simple moving average. Besides, there is a bullish trend line forming with support at $0.2060 on the hourly chart of the DOGE/USD pair. Immediate resistance on the upside is near the $0.2120 level. The first major resistance for the bulls could be near the $0.2150 level. The next major resistance is near the $0.2220 level. A close above the $0.2220 resistance might send the price toward the $0.2320 resistance. Any more gains might send the price toward the $0.250 level. The next major stop for the bulls might be $0.2650. Downside Correction In DOGE? If DOGE’s price fails to climb above the $0.2120 level, it could start a downside correction. Initial support on the downside is near the $0.2060 level or the trend line zone. The next major support is near the $0.2040 level or the 50% Fib retracement level of the upward move from the $0.1885 swing low to the $0.2205 high. The main support sits at $0.20. If there is a downside break below the $0.20 support, the price could decline further. In the stated case, the price might decline toward the $0.1950 level or even $0.1880 in the near term. Technical Indicators Hourly MACD – The MACD for DOGE/USD is now gaining momentum in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for DOGE/USD is now above the 50 level. Major Support Levels – $0.2060 and $0.20. Major Resistance Levels – $0.2120 and $0.2220.
Crypto analyst DOGECAPITAL has drawn attention to a Fibonacci level, which suggests that the Dogecoin price could rally above $10 in this bull run. The analyst noted that DOGE previously reached this Fibonacci level, which suggests it may do so again in this cycle. Dogecoin Price Eyes Rally Above $10 With This Fibonacci Level In an X post, DOGECAPITAL predicted that the Dogecoin price could rally above $10 if it reaches the 423.6% Fibonacci level. The analyst used the Fibonacci tool to highlight the fact that both the first and second DOGE cycles topped at the 423.6% level. Based on this, the foremost meme coin could reach this level, surpassing the $10 target. Related Reading: Dogecoin Returns To December 2020 Levels, Is Another 36,000% Rally Possible? Interestingly, DOGECAPITAL noted that should history repeat itself, the Dogecoin price could rally to as high as $36, which is where the 423.6% is. This could mark the potential top for the meme coin in this cycle. The analyst also confirmed that DOGE is nowhere near its top in this third cycle based on the historical timing of past cycles. If this historical pattern keeps playing out, DOGECAPITAL predicts that the projected top for the Dogecoin price could occur around the final week of October. The analyst also believes that the market has entered DOGE season with Bitcoin reaching new all-time highs (ATHs) and the meme coin currently sitting near key support. However, despite the current bullish sentiment in the crypto market, it is worth noting that the Dogecoin price is still sitting just below the psychological $0.2 level. As such, this raises doubts about whether the DOGE season has truly begun. Crypto analyst Trader Tardigrade stated that the DOGE/BTC chart may show a God candle this season, which would kickstart the DOGE season. Meanwhile, crypto analyst Kevin Capital noted that the DOGE/BTC chart is sitting in a historical zone of support. He added that the monthly time frame indicators are also fully reset, providing the best setup for the Dogecoin price. DOGE Eyes Rally To $0.25 In The Short Term In an X post, crypto analyst Ali Martinez predicted that the Dogecoin price could rally to $0.25 in the short term. Alluding to DOGE’s daily chart, Martinez stated that the meme coin is trading within a channel and that it just bounced off the bottom. He added that a buying spike at this level could send DOGE to the top of the channel at $0.25. Related Reading: Analysts Predict Major Dogecoin Price Rally After Breaking 50-Day Trendline This level is significant as it marked the last local top for the Dogecoin price. As such, a successful break above this level could lead to higher prices for the meme coin. Meanwhile, Trader Tardigrade stated that DOGE’s daily RSI might find support soon, completing a healthy pullback and preparing for a new surge. At the time of writing, the Dogecoin price is trading at around $0.19, up over 3% in the last 24 hours, according to data from CoinMarketCap. Featured image from iStock, chart from Tradingview.com
Crypto analyst TradingShot has drawn attention to a bullish pattern for Dogecoin, indicating that a significant price surge is on the horizon. The analyst suggested that this could be the final leg up for the foremost meme coin and advised market participants not to miss it. Dogecoin Eyes Parabolic Rally With Megaphone Pattern In a TradingView post, TradingShot predicted that Dogecoin could rally to as high as $1.25. He noted that the meme coin has been trading in a bullish Megaphone pattern within a channel up. The analyst added that the recent rebound on June 16 on the weekly MA200 is a higher low at the bottom of both patterns. Related Reading: Machine Learning Algorithm Predicts Dogecoin Price To Jump Double-Digits To $0.2 With the 1-week Relative Strength Index (RSI) also rebounding on its long-term support zone, TradingShot declared that Dogecoin is most likely at the start of a new bullish leg. He noted that this could be the final rally that will shape this cycle’s top. Meanwhile, the analyst claimed that DOGE is targeting $1.25 because the previous two bullish legs peaked on the 3.618 Fibonacci extension of the last decline. He told market participants that they can settle for $0.8 if they wish to pursue a target within the Channel up. A rally to both $0.8 and $1.25 would mark new all-time highs (ATHs) for Dogecoin, whose current ATH is at $0.73. His accompanying chart showed that DOGE could reach these targets in the first half of next year. Dogecoin is expected to maintain a steady climb from now till then as it reaches those targets. The meme coin has already begun another uptrend following Bitcoin’s rally to a new ATH. DOGE has again reclaimed the $ 0.20 psychological price level and could potentially reach its last local high at around $0.26. DOGE Against Its Bitcoin Pair In an X post, crypto analyst Kevin Capital stated that the DOGE/BTC chart is sitting in a historical zone of support with the monthly time frame indicators fully reset. The analyst indicated that this was possibly the best setup for Dogecoin, one that could spark a massive run for the meme coin. Related Reading: Analysts Predict Major Dogecoin Price Rally After Breaking 50-Day Trendline Meanwhile, crypto analyst Trader Tardigrade stated that the Dogecoin-to-Bitcoin chart might show a God candle this month. This God candle could spark a DOGE season, when the meme coin is expected to outperform the flagship crypto. The analyst’s accompanying chart showed that DOGE could rally to as high as $9 during this period. Meanwhile, he highlighted the $0.2 support level as being crucial for this lift-off for the meme coin. At the time of writing, the Dogecoin price is trading at around $0.2, up almost 2% in the last 24 hours, according to data from CoinMarketCap. Featured image from iStock, chart from Tradingview.com
Dogecoin started a fresh increase above the $0.180 zone against the US Dollar. DOGE is now consolidating and might aim for a move above $0.20. DOGE price started a fresh increase above the $0.1750 and $0.180 levels. The price is trading above the $0.1880 level and the 100-hourly simple moving average. There is a bullish trend line forming with support at $0.1910 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could start a fresh rally if it clears the $0.1980 and $0.20 resistance levels. Dogecoin Price Eyes More Gains Dogecoin price started a fresh increase from the $0.1750 zone, like Bitcoin and Ethereum. DOGE was able to climb above the $0.180 and $0.1880 resistance levels. The bulls even pushed the price above the $0.1920 resistance. Finally, the price traded close to the $0.20 barrier. A high was formed at $0.1992 and the price is now consolidating gains above the 23.6% Fib retracement level of the upward move from the $0.1660 swing low to the $0.1992 high. Dogecoin price is now trading above the $0.1880 level and the 100-hourly simple moving average. Besides, there is a bullish trend line forming with support at $0.1910 on the hourly chart of the DOGE/USD pair. Immediate resistance on the upside is near the $0.1980 level. The first major resistance for the bulls could be near the $0.20 level. The next major resistance is near the $0.2050 level. A close above the $0.2050 resistance might send the price toward the $0.220 resistance. Any more gains might send the price toward the $0.2320 level. The next major stop for the bulls might be $0.250. Downside Correction In DOGE? If DOGE’s price fails to climb above the $0.20 level, it could start a downside correction. Initial support on the downside is near the $0.1910 level or the trend line zone. The next major support is near the $0.1820 level or the 50% Fib retracement level of the upward move from the $0.1660 swing low to the $0.1992 high. The main support sits at $0.1780. If there is a downside break below the $0.1780 support, the price could decline further. In the stated case, the price might decline toward the $0.1750 level or even $0.1720 in the near term. Technical Indicators Hourly MACD – The MACD for DOGE/USD is now gaining momentum in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for DOGE/USD is now above the 50 level. Major Support Levels – $0.1910 and $0.1880. Major Resistance Levels – $0.1980 and $0.2000.
Dogecoin started a fresh increase above the $0.1680 zone against the US Dollar. DOGE is now consolidating and might aim for a move above $0.1720. DOGE price started a fresh increase above the $0.1650 and $0.1680 levels. The price is trading above the $0.1680 level and the 100-hourly simple moving average. There is a bullish trend line forming with support at $0.1680 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could start a fresh rally if it clears the $0.1720 and $0.1750 resistance levels. Dogecoin Price Eyes More Gains Dogecoin price started a fresh increase from the $0.1650 zone, like Bitcoin and Ethereum. DOGE was able to climb above the $0.1665 and $0.1680 resistance levels. The bulls even pushed the price above the $0.170 resistance. There was a steady increase and the price even spiked above the 50% Fib retracement level of the downward move from the $0.1722 swing high to the $0.1657 low. Dogecoin price is now trading above the $0.1680 level and the 100-hourly simple moving average. Besides, there is a bullish trend line forming with support at $0.1680 on the hourly chart of the DOGE/USD pair. Immediate resistance on the upside is near the $0.1720 level. The first major resistance for the bulls could be near the $0.1730 level or the 61.8% Fib retracement level of the downward move from the $0.1722 swing high to the $0.1657 low. The next major resistance is near the $0.1750 level. A close above the $0.1750 resistance might send the price toward the $0.180 resistance. Any more gains might send the price toward the $0.200 level. The next major stop for the bulls might be $0.2120. Another Decline In DOGE? If DOGE’s price fails to climb above the $0.1750 level, it could start another decline. Initial support on the downside is near the $0.1680 level or the trend line zone. The next major support is near the $0.1650 level. The main support sits at $0.1610. If there is a downside break below the $0.1610 support, the price could decline further. In the stated case, the price might decline toward the $0.1550 level or even $0.1520 in the near term. Technical Indicators Hourly MACD – The MACD for DOGE/USD is now gaining momentum in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for DOGE/USD is now above the 50 level. Major Support Levels – $0.1680 and $0.1650. Major Resistance Levels – $0.1720 and $0.1750.
Dogecoin started a fresh increase above the $0.1650 zone against the US Dollar. DOGE is now consolidating and might aim for a move above $0.1720. DOGE price started a fresh increase above the $0.1620 and $0.1650 levels. The price is trading above the $0.1650 level and the 100-hourly simple moving average. There was a break above a key bearish trend line with resistance at $0.1640 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could start a fresh decline if it stays below the $0.1720 zone and $0.1800. Dogecoin Price Faces Hurdles Dogecoin price started a fresh increase from the $0.1565 zone, like Bitcoin and Ethereum. DOGE was able to climb above the $0.1600 and $0.1620 resistance levels. The bulls even pushed the price above the $0.170 resistance. Besides, there was a break above a key bearish trend line with resistance at $0.1640 on the hourly chart of the DOGE/USD pair. A high was formed at $0.1726 and the price is now consolidating gains. There was a minor decline below the 23.6% Fib retracement level of the upward move from the $0.1565 swing low to the $0.1726 high. Dogecoin price is now trading above the $0.1650 level and the 100-hourly simple moving average. Immediate resistance on the upside is near the $0.1710 level. The first major resistance for the bulls could be near the $0.1720 level. The next major resistance is near the $0.1750 level. A close above the $0.1750 resistance might send the price toward the $0.180 resistance. Any more gains might send the price toward the $0.200 level. The next major stop for the bulls might be $0.2120. Another Decline In DOGE? If DOGE’s price fails to climb above the $0.1720 level, it could start another decline. Initial support on the downside is near the $0.1650 level or the 50% Fib retracement level of the upward move from the $0.1565 swing low to the $0.1726 high. The next major support is near the $0.1620 level. The main support sits at $0.1560. If there is a downside break below the $0.1560 support, the price could decline further. In the stated case, the price might decline toward the $0.150 level or even $0.1450 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 above the 50 level. Major Support Levels – $0.1650 and $0.1620. Major Resistance Levels – $0.1720 and $0.1800.
Dogecoin started a fresh increase above the $0.160 zone against the US Dollar. DOGE is now consolidating and might aim for a move above $0.1680. DOGE price started a fresh increase above the $0.1520 and $0.160 levels. The price is trading above the $0.1620 level and the 100-hourly simple moving average. There is a key bullish trend line forming with support at $0.1650 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could start a fresh decline if it stays below the $0.1680 zone. Dogecoin Price Faces Resistance Dogecoin price started a fresh increase above the $0.1450 zone, like Bitcoin and Ethereum. DOGE was able to climb above the $0.1550 and $0.160 resistance levels. The bulls even pushed the price above the $0.1650 resistance. A high was formed at $0.1699 and the price is now consolidating gains above the 23.6% Fib retracement level of the upward move from the $0.1572 swing low to the $0.1699 high. Dogecoin price is now trading above the $0.1650 level and the 100-hourly simple moving average. There is also a key bullish trend line forming with support at $0.1650 on the hourly chart of the DOGE/USD pair. Immediate resistance on the upside is near the $0.1680 level. The first major resistance for the bulls could be near the $0.1720 level. The next major resistance is near the $0.1750 level. A close above the $0.1750 resistance might send the price toward the $0.180 resistance. Any more gains might send the price toward the $0.200 level. The next major stop for the bulls might be $0.2120. Another Drop In DOGE? If DOGE’s price fails to climb above the $0.1680 level, it could start another decline. Initial support on the downside is near the $0.1660 level or the trend line zone. The next major support is near the $0.1620 level and the 61.8% Fib retracement level of the upward move from the $0.1572 swing low to the $0.1699 high. The main support sits at $0.160. If there is a downside break below the $0.160 support, the price could decline further. In the stated case, the price might decline toward the $0.150 level or even $0.1450 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 above the 50 level. Major Support Levels – $0.1650 and $0.1620. Major Resistance Levels – $0.1680 and $0.1800.
Dogecoin started a fresh increase above the $0.1550 zone against the US Dollar. DOGE is now consolidating and might aim for a move above $0.1680. DOGE price started a fresh increase above the $0.150 and $0.1550 levels. The price is trading above the $0.160 level and the 100-hourly simple moving average. There is a key rising channel forming with resistance at $0.1680 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could start a fresh decline if it stays below the $0.180 zone. Dogecoin Price Faces Resistance Dogecoin price started a fresh increase above the $0.1420 zone, like Bitcoin and Ethereum. DOGE was able to climb above the $0.150 and $0.1550 resistance levels. The bulls even pushed the price above the $0.1620 resistance. A high was formed at $0.1677 and the price is now consolidating gains above the 23.6% Fib retracement level of the upward move from the $0.1427 swing low to the $0.1677 high. Dogecoin price is now trading above the $0.160 level and the 100-hourly simple moving average. Immediate resistance on the upside is near the $0.1680 level. There is also a key rising channel forming with resistance at $0.1680 on the hourly chart of the DOGE/USD pair. The first major resistance for the bulls could be near the $0.1720 level. The next major resistance is near the $0.1750 level. A close above the $0.1750 resistance might send the price toward the $0.180 resistance. Any more gains might send the price toward the $0.200 level. The next major stop for the bulls might be $0.2120. Another Decline In DOGE? If DOGE’s price fails to climb above the $0.1680 level, it could start another decline. Initial support on the downside is near the $0.1620 level. The next major support is near the $0.1550 level and the 50% Fib retracement level of the upward move from the $0.1427 swing low to the $0.1677 high. The main support sits at $0.1550. If there is a downside break below the $0.1550 support, the price could decline further. In the stated case, the price might decline toward the $0.1420 level or even $0.1350 in the near term. Technical Indicators Hourly MACD – The MACD for DOGE/USD is now gaining momentum in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for DOGE/USD is now above the 50 level. Major Support Levels – $0.1620 and $0.1550. Major Resistance Levels – $0.1680 and $0.1800.
The Dogecoin price is in focus, having closed the daily candle with a Doji. Crypto analyst Trader Tardigrade commented on this development and revealed what it could mean for the foremost meme coin. What’s Next For Dogecoin Price Following Doji Daily Close In an X post, Trader Tardigrade highlighted the fact that the Dogecoin price daily candle closed with a Doji. He remarked that a new sign of a breakout has emerged following a Doji at the end of a downtrend. The analyst noted that this indicates a high possibility of a trend reversal from downtrend to uptrend. Related Reading: Dogecoin Price Enters Historical Bounce Zone, But Will This Time Be Different? The Dogecoin price has witnessed a massive decline over the last month, down over 27% during this period, according to CoinMarketCap data. DOGE has dropped way below the psychological $0.2 price level, providing a bearish outlook for the meme coin. However, Trader Tardigrade’s analysis suggested that the meme coin could soon record another massive rally to the upside. The analyst’s accompanying chart showed that the Dogecoin price could reclaim the $0.2 level on this projected trend reversal to the upside. Fundamentals also support a DOGE rally, seeing as tensions in the Middle East have cooled off, with Israel and Iran agreeing to a ceasefire. Meanwhile, the Bitcoin price has again rallied and reclaimed the $106,000 level. This is bullish for the meme coin given its correlation with the flagship crypto. In another X post, Trader Tardigrade provided a bullish outlook for the Dogecoin price, stating that DOGE season could be approaching soon. He revealed that the DOGE/BTC pair has experienced the last shakeout, signaling the start of the meme coin’s season. His accompanying chart showed that Dogecoin could rally above $2 once this DOGE season begins. Key Levels To Watch For DOGE In a YouTube video, crypto analyst Kevin Capital highlighted the range between $0.12 and $0.142 as the key level to watch for the Dogecoin price. The analyst also alluded to DOGE’s weekly Relative Strength Index (RSI), stating that the meme coin cannot afford to drop below 38. He claimed that a drop could lead to the meme coin falling into a bear market structure. Related Reading: Dogecoin Price Crash Below $0.2: 4H Order Block Shows Exactly What’s Happening Kevin Capital then highlighted the DOGE/BTC pair, noting that the meme coin is at a critical level that it needs to hold above if it is to outperform Bitcoin later in the year. The analyst expects the meme coin to make a significant run and outperform the flagship crypto when the Fed begins to ease monetary policies. The analyst remarked that a positive for DOGE is that there are bullish indicators flashing for the meme coin on the daily timeframe. At the time of writing, the Dogecoin price is trading at around $0.16, down in the last 24 hours, according to data from CoinMarketCap. Featured image from Adobe Stock, chart from Tradingview.com
Dogecoin started a fresh decline from the $0.1720 zone against the US Dollar. DOGE is now consolidating losses and might recover if it clears $0.1580. DOGE price started a fresh decline below the $0.170 and $0.160 levels. The price is trading below the $0.160 level and the 100-hourly simple moving average. There was a break above a bearish trend line forming with resistance at $0.1510 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could start a fresh decline if it stays below the $0.1580 zone. Dogecoin Price Faces Resistance Dogecoin price started a fresh decline after it failed to clear the $0.1720 zone, underperforming Bitcoin and Ethereum. DOGE declined below the $0.1600 and $0.1580 levels. The bears even pushed the price below the $0.1450 level. A low was formed at $0.1427 and the price is now attempting to recover. There was a minor move above the 23.6% Fib retracement level of the downward move from the $0.1718 swing high to the $0.1427 low. Besides, there was a break above a bearish trend line forming with resistance at $0.1510 on the hourly chart of the DOGE/USD pair. Dogecoin price is now trading below the $0.1580 level and the 100-hourly simple moving average. Immediate resistance on the upside is near the $0.1550 level. The first major resistance for the bulls could be near the $0.1580 level. It is close to the 50% Fib retracement level of the downward move from the $0.1718 swing high to the $0.1427 low. The next major resistance is near the $0.1610 level. A close above the $0.1610 resistance might send the price toward the $0.1720 resistance. Any more gains might send the price toward the $0.200 level. The next major stop for the bulls might be $0.2120. Another Decline In DOGE? If DOGE’s price fails to climb above the $0.1580 level, it could start another decline. Initial support on the downside is near the $0.1480 level. The next major support is near the $0.1440 level. The main support sits at $0.1420. If there is a downside break below the $0.1420 support, the price could decline further. In the stated case, the price might decline toward the $0.1350 level or even $0.1280 in the near term. Technical Indicators Hourly MACD – The MACD for DOGE/USD is now losing momentum in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for DOGE/USD is now above the 50 level. Major Support Levels – $0.1440 and $0.1420. Major Resistance Levels – $0.1580 and $0.1610.
Dogecoin started a fresh decline from the $0.1820 zone against the US Dollar. DOGE is now consolidating losses and might recover if it clears $0.1750. DOGE price started a fresh decline below the $0.1820 and $0.180 levels. The price is trading below the $0.1780 level and the 100-hourly simple moving average. There was a break above a bearish trend line forming with resistance at $0.1680 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could start a fresh decline if it stays below the $0.1780 zone. Dogecoin Price Faces Resistance Dogecoin price started a fresh decline after it failed to clear the $0.1820 zone, underperforming Bitcoin and Ethereum. DOGE declined below the $0.1800 and $0.1780 levels. The bears even pushed the price below the $0.170 level. A low was formed at $0.1641 and the price is now attempting to recover. There was a minor move above the 23.6% Fib retracement level of the downward move from the $0.1811 swing high to the $0.1641 low. Besides, there was a break above a bearish trend line forming with resistance at $0.1680 on the hourly chart of the DOGE/USD pair. Dogecoin price is now trading below the $0.1780 level and the 100-hourly simple moving average. Immediate resistance on the upside is near the $0.1725 level. It is close to the 50% Fib retracement level of the downward move from the $0.1811 swing high to the $0.1641 low. The first major resistance for the bulls could be near the $0.1750 level. The next major resistance is near the $0.1820 level. A close above the $0.1820 resistance might send the price toward the $0.1880 resistance. Any more gains might send the price toward the $0.200 level. The next major stop for the bulls might be $0.2120. Another Decline In DOGE? If DOGE’s price fails to climb above the $0.1750 level, it could start another decline. Initial support on the downside is near the $0.1680 level. The next major support is near the $0.1640 level. The main support sits at $0.1620. If there is a downside break below the $0.1620 support, the price could decline further. In the stated case, the price might decline toward the $0.150 level or even $0.1440 in the near term. Technical Indicators Hourly MACD – The MACD for DOGE/USD is now losing momentum in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for DOGE/USD is now above the 50 level. Major Support Levels – $0.1640 and $0.1620. Major Resistance Levels – $0.1750 and $0.1800.
Dogecoin started a fresh decline from the $0.1880 zone against the US Dollar. DOGE is now consolidating losses and might recover if it clears $0.1780. DOGE price started a fresh decline below the $0.1880 and $0.180 levels. The price is trading below the $0.180 level and the 100-hourly simple moving average. There is a short-term bearish trend line forming with resistance at $0.1760 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could start a fresh decline if it declines below the $0.180 zone. Dogecoin Price Dips Again Dogecoin price started a fresh decline after it failed to clear the $0.1880 zone, like Bitcoin and Ethereum. DOGE declined below the $0.1800 and $0.1750 levels. The bears even pushed the price below the $0.1720 level. A low was formed at $0.1695 and the price is now consolidating losses below the 23.6% Fib retracement level of the downward move from the $0.2064 swing high to the $0.1697 low. Dogecoin price is now trading below the $0.180 level and the 100-hourly simple moving average. There is also a short-term bearish trend line forming with resistance at $0.1760 on the hourly chart of the DOGE/USD pair. Immediate resistance on the upside is near the $0.1760 level. The first major resistance for the bulls could be near the $0.1785 level. The next major resistance is near the $0.180 level. A close above the $0.180 resistance might send the price toward the $0.1880 resistance. It is close to the 50% Fib retracement level of the downward move from the $0.2064 swing high to the $0.1697 low. Any more gains might send the price toward the $0.200 level. The next major stop for the bulls might be $0.2120. More Losses In DOGE? If DOGE’s price fails to climb above the $0.180 level, it could start another decline. Initial support on the downside is near the $0.1720 level. The next major support is near the $0.1700 level. The main support sits at $0.1680. If there is a downside break below the $0.1680 support, the price could decline further. In the stated case, the price might decline toward the $0.1550 level or even $0.1525 in the near term. Technical Indicators Hourly MACD – The MACD for DOGE/USD is now losing momentum in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for DOGE/USD is now above the 50 level. Major Support Levels – $0.1700 and $0.1680. Major Resistance Levels – $0.1760 and $0.1800.
Dogecoin started a fresh decline from the $0.20 zone against the US Dollar. DOGE is now consolidating losses and might recover if it clears $0.180. DOGE price started a fresh decline below the $0.1880 and $0.180 levels. The price is trading below the $0.1850 level and the 100-hourly simple moving average. There is a key bearish trend line forming with resistance at $0.1880 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could start a fresh decline if it declines below the $0.1680 zone. Dogecoin Price Dips Below Support Dogecoin price started a fresh decline after it failed to clear the $0.20 zone, like Bitcoin and Ethereum. DOGE declined below the $0.1920 and $0.1880 levels. The bears even pushed the price below the $0.1750 level. A low was formed at $0.1687 and the price is now consolidating losses below the 23.6% Fib retracement level of the downward move from the $0.2005 swing high to the $0.1687 low. Dogecoin price is now trading below the $0.1850 level and the 100-hourly simple moving average. There is also a key bearish trend line forming with resistance at $0.1880 on the hourly chart of the DOGE/USD pair. Immediate resistance on the upside is near the $0.1760 level. The first major resistance for the bulls could be near the $0.1840 level. It is close to the 50% Fib retracement level of the downward move from the $0.2005 swing high to the $0.1687 low. The next major resistance is near the $0.1880 level. A close above the $0.1880 resistance might send the price toward the $0.20 resistance. Any more gains might send the price toward the $0.2050 level. The next major stop for the bulls might be $0.2120. More Losses In DOGE? If DOGE’s price fails to climb above the $0.1850 level, it could start another decline. Initial support on the downside is near the $0.1685 level and the trend line. The next major support is near the $0.1650 level. The main support sits at $0.1550. If there is a downside break below the $0.1550 support, the price could decline further. In the stated case, the price might decline toward the $0.1350 level or even $0.1320 in the near term. Technical Indicators Hourly MACD – The MACD for DOGE/USD is now losing momentum in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for DOGE/USD is now below the 50 level. Major Support Levels – $0.1680 and $0.1650. Major Resistance Levels – $0.1760 and $0.1880.
Dogecoin started a fresh decline from the $0.2250 zone against the US Dollar. DOGE is now consolidating losses and might recover if it clears $0.20. DOGE price started a fresh decline below the $0.220 and $0.20 levels. The price is trading below the $0.20 level and the 100-hourly simple moving average. There is a connecting bullish trend line forming with support at $0.1910 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could start a fresh increase if it clears the $0.20 resistance zone. Dogecoin Price Holds Support Dogecoin price started a fresh decline after it failed to clear the $0.2450 zone, unlike Bitcoin and Ethereum. DOGE declined below the $0.220 and $0.20 levels. The bears even pushed the price below the $0.1920 level. A low was formed at $0.1855 and the price is now consolidating losses. There was a minor increase above the 23.6% Fib retracement level of the downward move from the $0.2279 swing high to the $0.1855 low. Dogecoin price is now trading below the $0.20 level and the 100-hourly simple moving average. There is also a connecting bullish trend line forming with support at $0.1910 on the hourly chart of the DOGE/USD pair. Immediate resistance on the upside is near the $0.20 level. The first major resistance for the bulls could be near the $0.2060 level. It is close to the 50% Fib retracement level of the downward move from the $0.2279 swing high to the $0.1855 low. The next major resistance is near the $0.2120 level. A close above the $0.2120 resistance might send the price toward the $0.2250 resistance. Any more gains might send the price toward the $0.2340 level. The next major stop for the bulls might be $0.250. More Losses In DOGE? If DOGE’s price fails to climb above the $0.20 level, it could start another decline. Initial support on the downside is near the $0.1910 level and the trend line. The next major support is near the $0.1850 level. The main support sits at $0.1720. If there is a downside break below the $0.1720 support, the price could decline further. In the stated case, the price might decline toward the $0.1650 level or even $0.1550 in the near term. Technical Indicators Hourly MACD – The MACD for DOGE/USD is now losing momentum in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for DOGE/USD is now above the 50 level. Major Support Levels – $0.1910 and $0.1855. Major Resistance Levels – $0.2000 and $0.2060.
Dogecoin started a fresh decline from the $0.2540 zone against the US Dollar. DOGE is now consolidating losses and might extend losses below $0.2200. DOGE price started a fresh decline below the $0.2420 and $0.2400 levels. The price is trading below the $0.240 level and the 100-hourly simple moving average. There is a connecting bullish trend line forming with support at $0.2230 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could start a fresh increase if it clears the $0.230 resistance zone. Dogecoin Price Holds Support Dogecoin price started a fresh decline after it failed to clear the $0.2550 zone, unlike Bitcoin and Ethereum. DOGE declined below the $0.2420 and $0.2400 levels. The bears even pushed the price below the $0.2200 level. A low was formed at $0.2157 and the price is now consolidating losses. There was a minor increase above the 23.6% Fib retracement level of the downward move from the $0.2542 swing high to the $0.2157 low. Dogecoin price is now trading below the $0.2350 level and the 100-hourly simple moving average. There is also a connecting bullish trend line forming with support at $0.2230 on the hourly chart of the DOGE/USD pair. Immediate resistance on the upside is near the $0.230 level. The first major resistance for the bulls could be near the $0.2350 level. It is close to the 50% Fib retracement level of the downward move from the $0.2542 swing high to the $0.2157 low. The next major resistance is near the $0.2420 level. A close above the $0.2420 resistance might send the price toward the $0.2550 resistance. Any more gains might send the price toward the $0.2640 level. The next major stop for the bulls might be $0.280. More Losses In DOGE? If DOGE’s price fails to climb above the $0.2350 level, it could start another decline. Initial support on the downside is near the $0.220 level and the trend line. The next major support is near the $0.2150 level. The main support sits at $0.2120. If there is a downside break below the $0.2120 support, the price could decline further. In the stated case, the price might decline toward the $0.20 level or even $0.1840 in the near term. Technical Indicators Hourly MACD – The MACD for DOGE/USD is now gaining momentum in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for DOGE/USD is now below the 50 level. Major Support Levels – $0.2200 and $0.2120. Major Resistance Levels – $0.2420 and $0.2550.
Dogecoin started a fresh increase and climbed above the $0.2420 zone against the US Dollar. DOGE is now correcting gains and might start another increase. DOGE price started a fresh increase above the $0.2320 and $0.2420 levels. The price is trading above the $0.2420 level and the 100-hourly simple moving average. There is a connecting bullish trend line forming with support at $0.2460 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could start a fresh increase if it clears the $0.2550 resistance zone. Dogecoin Price Extends Gains Dogecoin price started a fresh increase after it found support near $0.2220, like Bitcoin and Ethereum. DOGE climbed and recovered above the $0.2350 resistance zone. The bulls even pushed the price above the $0.2420 resistance zone. However, the bears were active near the $0.2550 level. A high was formed at $0.2542 and the price is now correcting some gains. There was a move below the 23.6% Fib retracement level of the upward move from the $0.2227 swing low to the $0.2542 high. Dogecoin price is now trading above the $0.2450 level and the 100-hourly simple moving average. There is also a connecting bullish trend line forming with support at $0.2460 on the hourly chart of the DOGE/USD pair. Immediate resistance on the upside is near the $0.2550 level. The first major resistance for the bulls could be near the $0.2620 level. The next major resistance is near the $0.2650 level. A close above the $0.2680 resistance might send the price toward the $0.280 resistance. Any more gains might send the price toward the $0.2840 level. The next major stop for the bulls might be $0.30. Downside Correction In DOGE? If DOGE’s price fails to climb above the $0.2550 level, it could start another decline. Initial support on the downside is near the $0.2450 level and the trend line. The next major support is near the $0.2385 level and the 50% Fib retracement level of the upward move from the $0.2227 swing low to the $0.2542 high. The main support sits at $0.2320. If there is a downside break below the $0.2320 support, the price could decline further. In the stated case, the price might decline toward the $0.220 level or even $0.2120 in the near term. Technical Indicators Hourly MACD – The MACD for DOGE/USD is now gaining momentum in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for DOGE/USD is now above the 50 level. Major Support Levels – $0.2450 and $0.2350. Major Resistance Levels – $0.2550 and $0.2620.
Dogecoin started a fresh increase and climbed above the $0.2320 zone against the US Dollar. DOGE is now correcting gains and approaching $0.2180. DOGE price started a fresh increase above the $0.220 and $0.230 levels. The price is trading just below the $0.2250 level and the 100-hourly simple moving average. There is a connecting bullish trend line forming with support at $0.220 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could start a fresh increase if it clears the $0.230 resistance zone. Dogecoin Price Faces Rejection Dogecoin price started a fresh increase after it found support near $0.2110, like Bitcoin and Ethereum. DOGE climbed and recovered above the $0.220 resistance zone. The bulls even pushed the price above the $0.2320 resistance zone. However, the bears were active near the $0.2380 level. A high was formed at $0.2378 and the price reacted lower. There was a move below the 50% Fib retracement level of the upward move from the $0.2109 swing low to the $0.2370 high. Dogecoin price is now trading just below the $0.2250 level and the 100-hourly simple moving average. However, there is a connecting bullish trend line forming with support at $0.220 on the hourly chart of the DOGE/USD pair. DOGE Immediate resistance on the upside is near the $0.2250 level. The first major resistance for the bulls could be near the $0.2320 level. The next major resistance is near the $0.2380 level. A close above the $0.2380 resistance might send the price toward the $0.250 resistance. Any more gains might send the price toward the $0.2720 level. The next major stop for the bulls might be $0.2850. More Losses In DOGE? If DOGE’s price fails to climb above the $0.2320 level, it could start another decline. Initial support on the downside is near the $0.220 level. The next major support is near the $0.2170 level and the 76.4% Fib retracement level of the upward move from the $0.2109 swing low to the $0.2370 high. The main support sits at $0.2120. If there is a downside break below the $0.2120 support, the price could decline further. In the stated case, the price might decline toward the $0.20 level or even $0.1880 in the near term. Technical Indicators Hourly MACD – The MACD for DOGE/USD is now gaining momentum in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for DOGE/USD is now below the 50 level. Major Support Levels – $0.220 and $0.2120. Major Resistance Levels – $0.2320 and $0.2380.
Dogecoin started a fresh increase from the $0.220 zone against the US Dollar. DOGE is now gaining pace and might rise toward the $0.2650 zone. DOGE price started a fresh increase above the $0.220 and $0.2320 levels. The price is trading above the $0.2350 level and the 100-hourly simple moving average. There is a connecting bullish trend line forming with support at $0.2350 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could start a fresh increase if it clears the $0.2450 resistance zone. Dogecoin Price Aims Higher Dogecoin price started a fresh increase after it found support near $0.2170, like Bitcoin and Ethereum. DOGE climbed and recovered above the $0.2250 resistance zone. The bulls even pushed the price above the 50% Fib retracement level of the downward move from the $0.2531 swing high to the $0.2173 low. Besides, there is a connecting bullish trend line forming with support at $0.2350 on the hourly chart of the DOGE/USD pair. Dogecoin price is now trading above the $0.2350 level and the 100-hourly simple moving average. Immediate resistance on the upside is near the $0.240 level. The first major resistance for the bulls could be near the $0.2440 level and the 76.4% Fib retracement level of the downward move from the $0.2531 swing high to the $0.2173 low. The next major resistance is near the $0.2530 level. A close above the $0.2530 resistance might send the price toward the $0.2650 resistance. Any more gains might send the price toward the $0.2720 level. The next major stop for the bulls might be $0.2850. Another Decline In DOGE? If DOGE’s price fails to climb above the $0.2440 level, it could start another decline. Initial support on the downside is near the $0.2350 level. The next major support is near the $0.2250 level. The main support sits at $0.2150. If there is a downside break below the $0.2150 support, the price could decline further. In the stated case, the price might decline toward the $0.20 level or even $0.1880 in the near term. Technical Indicators Hourly MACD – The MACD for DOGE/USD is now gaining momentum in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for DOGE/USD is now above the 50 level. Major Support Levels – $0.2350 and $0.2250. Major Resistance Levels – $0.2440 and $0.2530.
Dogecoin started a fresh increase from the $0.1650 zone against the US Dollar. DOGE is now gaining pace and might rise toward the $0.185 zone. DOGE price started a fresh increase above the $0.170 and $0.172 levels. The price is trading above the $0.1750 level and the 100-hourly simple moving average. There is a connecting bullish trend line forming with support at $0.1740 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could start a fresh increase if it clears the $0.180 resistance zone. Dogecoin Price Aims Higher Dogecoin price started a fresh increase after it found support near $0.1650, like Bitcoin and Ethereum. DOGE climbed and recovered above the $0.170 resistance zone. The bulls even pushed the price above the 50% Fib retracement level of the downward move from the $0.1843 swing high to the $0.1642 low. Besides, there is a connecting bullish trend line forming with support at $0.1740 on the hourly chart of the DOGE/USD pair. Dogecoin price is now trading above the $0.1750 level and the 100-hourly simple moving average. Immediate resistance on the upside is near the $0.1780 level. The first major resistance for the bulls could be near the $0.1790 level and the 76.4% Fib retracement level of the downward move from the $0.1843 swing high to the $0.1642 low. The next major resistance is near the $0.1840 level. A close above the $0.1840 resistance might send the price toward the $0.1880 resistance. Any more gains might send the price toward the $0.1920 level. The next major stop for the bulls might be $0.200. Another Decline In DOGE? If DOGE’s price fails to climb above the $0.1790 level, it could start another decline. Initial support on the downside is near the $0.1740 level. The next major support is near the $0.1720 level. The main support sits at $0.1650. If there is a downside break below the $0.1650 support, the price could decline further. In the stated case, the price might decline toward the $0.1550 level or even $0.1450 in the near term. Technical Indicators Hourly MACD – The MACD for DOGE/USD is now gaining momentum in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for DOGE/USD is now above the 50 level. Major Support Levels – $0.1740 and $0.1720. Major Resistance Levels – $0.1790 and $0.1850.