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Tag: DOGE/BTC

  • Dogecoin (DOGE) Red Prints Return, Resistance Could Cap Any Recovery

    Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis.

    From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked on a journey that would lead him to become one of the foremost authorities in the fields of Forex and crypto trading. With a meticulous eye for detail and an unwavering commitment to excellence, Aayush honed his craft over the years, mastering the art of technical analysis and chart interpretation.
    As a software engineer, Aayush harnesses the power of technology to optimize trading strategies and develop innovative solutions for navigating the volatile waters of financial markets. His background in software engineering has equipped him with a unique skill set, enabling him to leverage cutting-edge tools and algorithms to gain a competitive edge in an ever-evolving landscape.

    In addition to his roles in finance and technology, Aayush serves as the director of a prestigious IT company, where he spearheads initiatives aimed at driving digital innovation and transformation. Under his visionary leadership, the company has flourished, cementing its position as a leader in the tech industry and paving the way for groundbreaking advancements in software development and IT solutions.

    Despite his demanding professional commitments, Aayush is a firm believer in the importance of work-life balance. An avid traveler and adventurer, he finds solace in exploring new destinations, immersing himself in different cultures, and forging lasting memories along the way. Whether he’s trekking through the Himalayas, diving in the azure waters of the Maldives, or experiencing the vibrant energy of bustling metropolises, Aayush embraces every opportunity to broaden his horizons and create unforgettable experiences.

    Aayush’s journey to success is marked by a relentless pursuit of excellence and a steadfast commitment to continuous learning and growth. His academic achievements are a testament to his dedication and passion for excellence, having completed his software engineering with honors and excelling in every department.

    At his core, Aayush is driven by a profound passion for analyzing markets and uncovering profitable opportunities amidst volatility. Whether he’s poring over price charts, identifying key support and resistance levels, or providing insightful analysis to his clients and followers, Aayush’s unwavering dedication to his craft sets him apart as a true industry leader and a beacon of inspiration to aspiring traders around the globe.

    In a world where uncertainty reigns supreme, Aayush Jindal stands as a guiding light, illuminating the path to financial success with his unparalleled expertise, unwavering integrity, and boundless enthusiasm for the markets.

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  • Dogecoin (DOGE) Slides Deeper Into Red—Is a Bottom in Sight?

    Dogecoin started a fresh decline below the $0.1400 zone against the US Dollar. DOGE is now consolidating losses and might face hurdles near $0.1400.

    • DOGE price started a fresh decline below the $0.1400 level.
    • The price is trading below the $0.1380 level and the 100-hourly simple moving average.
    • There is a key bearish trend line forming with resistance at $0.1375 on the hourly chart of the DOGE/USD pair (data source from Kraken).
    • The price could extend losses if it stays below $0.1400 and $0.1420.

    Dogecoin Price Dips Further

    Dogecoin price started a fresh decline after it closed below $0.1420, like Bitcoin and Ethereum. DOGE declined below the $0.1400 and $0.1380 support levels.

    The price even traded below $0.1350. A low was formed near $0.1326, and the price recently corrected some losses. There was a minor increase toward the 23.6% Fib retracement level of the downward move from the $0.1530 swing high to the $0.1326 low.

    Dogecoin price is now trading below the $0.1400 level and the 100-hourly simple moving average. If there is a recovery wave, immediate resistance on the upside is near the $0.1380 level. There is also a key bearish trend line forming with resistance at $0.1375 on the hourly chart of the DOGE/USD pair.

    The first major resistance for the bulls could be near the $0.140 level. The next major resistance is near the $0.1425 level and the 50% Fib retracement level of the downward move from the $0.1530 swing high to the $0.1326 low. A close above the $0.1425 resistance might send the price toward the $0.1450 resistance. Any more gains might send the price toward the $0.1500 level. The next major stop for the bulls might be $0.1550.

    Another Decline In DOGE?

    If DOGE’s price fails to climb above the $0.140 level, it could continue to move down. Initial support on the downside is near the $0.1340 level. The next major support is near the $0.1325 level.

    The main support sits at $0.130. If there is a downside break below the $0.130 support, the price could decline further. In the stated case, the price might slide toward the $0.1250 level or even $0.1240 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 above the 50 level.

    Major Support Levels – $0.1340 and $0.1300.

    Major Resistance Levels – $0.1400 and $0.1420.

    Aayush Jindal

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  • Dogecoin (DOGE) Weak Rebound Attempts, Signaling Struggle to Mount Recovery

    Dogecoin started a fresh decline below the $0.180 zone against the US Dollar. DOGE is now correcting some losses and might face hurdles near $0.1650.

    • DOGE price started a fresh decline below the $0.180 level.
    • The price is trading below the $0.170 level and the 100-hourly simple moving average.
    • There is a bearish trend line forming with resistance at $0.1650 on the hourly chart of the DOGE/USD pair (data source from Kraken).
    • The price could extend losses if it stays below $0.1650 and $0.170.

    Dogecoin Price Attempts Recovery

    Dogecoin price started a fresh decline after it closed below $0.20, like Bitcoin and Ethereum. DOGE declined below the $0.180 and $0.1720 support levels.

    The price even traded below $0.1650. A low was formed near $0.1535, and the price recently attempted a recovery wave. There was a move above the 23.6% Fib retracement level of the downward move from the $0.1776 swing high to the $0.1535 low.

    However, the bears were active near the $0.1620 resistance. Besides, there is a bearish trend line forming with resistance at $0.1650 on the hourly chart of the DOGE/USD pair. It is close to the 50% Fib retracement level of the downward move from the $0.1776 swing high to the $0.1535 low.

    Dogecoin price is now trading below the $0.1620 level and the 100-hourly simple moving average. If there is a recovery wave, immediate resistance on the upside is near the $0.1640 level. The first major resistance for the bulls could be near the $0.1650 level.

    The next major resistance is near the $0.170 level. A close above the $0.170 resistance might send the price toward the $0.180 resistance. Any more gains might send the price toward the $0.1840 level. The next major stop for the bulls might be $0.20.

    More Losses In DOGE?

    If DOGE’s price fails to climb above the $0.1650 level, it could continue to move down. Initial support on the downside is near the $0.1550 level. The next major support is near the $0.150 level.

    The main support sits at $0.1380. If there is a downside break below the $0.1380 support, the price could decline further. In the stated case, the price might slide toward the $0.120 level or even $0.1050 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 – $0.1550 and $0.1380.

    Major Resistance Levels – $0.1650 and $0.1700.

    Aayush Jindal

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  • Dogecoin (DOGE) Weakens Again – Bulls On Alert As Downside Risks Resurface

    Dogecoin started a fresh decline below the $0.260 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 $0.2550 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 $0.2570 on the hourly chart of the DOGE/USD pair (data source from Kraken).
    • The price could extend losses if there is a move below $0.2420.

    Dogecoin Price Trims Gains

    Dogecoin price started a fresh decline after it closed below $0.2620, like Bitcoin and Ethereum. DOGE declined below the $0.260 and $0.2550 support levels.

    The price even traded below $0.2450. A low was formed near $0.2430, and the price recently attempted a recovery wave. There was a move above the 50% Fib retracement level of the downward move from the $0.2701 swing high to the $0.2431 low.

    However, the bears were active near the $0.260 resistance and the 61.8% Fib retracement level of the downward move from the $0.2701 swing high to the $0.2431 low. Besides, there is a bearish trend line forming with resistance at $0.2570 on the hourly chart of the DOGE/USD pair.

    Dogecoin price is now trading below the $0.2550 level and the 100-hourly simple moving average. If there is a recovery wave, immediate resistance on the upside is near the $0.2550 level. The first major resistance for the bulls could be near the $0.2570 level and the trend line.

    The next major resistance is near the $0.260 level. 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 $0.2550 level, it could continue to move down. Initial support on the downside is near the $0.2470 level. The next major support is near the $0.2420 level.

    The main support sits at $0.2350. If there is a downside break below the $0.2350 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 – $0.2420 and $0.2350.

    Major Resistance Levels – $0.2550 and $0.2600.

    Aayush Jindal

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  • Dogecoin (DOGE) Turns Higher – Is This The Beginning Of A Stronger Recovery?

    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.

    Aayush Jindal

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  • Dogecoin (DOGE) Sets Sights on $0.150: Will The Rally Take Off?

    Dogecoin (DOGE) Sets Sights on $0.150: Will The Rally Take Off?

    Dogecoin is rising above the $0.1350 resistance zone against the US Dollar. DOGE is now showing positive signs and might clear the $0.1450 resistance.

    • DOGE price started a fresh increase above the $0.1320 resistance level.
    • The price is trading above the $0.1350 level and the 100-hourly simple moving average.
    • There is a key bullish trend line forming with support at $0.1420 on the hourly chart of the DOGE/USD pair (data source from Kraken).
    • The price could gain bullish momentum if it clears the $0.1450 and $0.1465 resistance levels.

    Dogecoin Price Eyes More Upsides

    Dogecoin price started a fresh increase above the $0.1200 resistance zone. DOGE gained traction for a move above the $0.1320 resistance zone, beating Bitcoin and Ethereum. There was also a move above the $0.1350 and $0.1400 resistance levels.

    The price traded as high as $0.1467 and recently saw a minor downside correction. The price dipped below the $0.1420 level. It traded below the 23.6% Fib retracement level of the upward move from the $0.1206 swing low to the $0.1467 high.

    However, the bulls are active above the $0.1350 level. There is also a key bullish trend line forming with support at $0.1420 on the hourly chart of the DOGE/USD pair. Dogecoin price is now trading above the $0.1320 level and the 100-hourly simple moving average. Immediate resistance on the upside is near the $0.1465 level. The next major resistance is near the $0.1480 level.

    A close above the $0.1480 resistance might send the price toward the $0.1520 resistance. Any more gains might send the price toward the $0.1550 level. The next major stop for the bulls might be $0.1585.

    Are Dips Supported In DOGE?

    If DOGE’s price fails to climb above the $0.1465 level, it could start another decline. Initial support on the downside is near the $0.1420 level. The next major support is near the $0.1400 level.

    The main support sits at $0.1335 or the 50% Fib retracement level of the upward move from the $0.1206 swing low to the $0.1467 high. If there is a downside break below the $0.1335 support, the price could decline further. In the stated case, the price might decline toward the $0.1250 level or even $0.1220 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 – $0.1465 and $0.1500.

    Major Resistance Levels – $0.1420 and $0.1335.

    Aayush Jindal

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  • Dogecoin Holds Strong Support: DOGE Primed for a Major Move Higher!

    Dogecoin Holds Strong Support: DOGE Primed for a Major Move Higher!

    Dogecoin is moving higher above the $0.160 resistance zone against the US Dollar. DOGE is holding gains and might aim for a move above $0.1650.

    • DOGE price is moving higher above the $0.160 resistance zone.
    • The price is trading above the $0.160 level and the 100-hourly simple moving average.
    • There is a key bullish trend line forming with support near $0.160 on the hourly chart of the DOGE/USD pair (data source from Kraken).
    • The price must settle above $0.1650 to gain bullish momentum and continue higher.

    Dogecoin Price Holds Support

    In the past few sessions, Dogecoin price started a steady increase above the $0.1500 zone, like Bitcoin and Ethereum. DOGE bulls were able to push the price above the $0.160 resistance zone.

    The recent swing high was formed at $0.1646 before the price started a downside correction There was a drop below the $0.1620 support zone. The price spiked below the 23.6% Fib retracement level of the upward move from the $0.1571 swing low to the $0.1646 high.

    Dogecoin is now trading above the $0.160 level and the 100-hourly simple moving average. There is also a key bullish trend line forming with support near $0.160 on the hourly chart of the DOGE/USD pair.

    Source: DOGEUSD on TradingView.com

    On the upside, the price is facing resistance near the $0.1640 level. The next major resistance is near the $0.1650 level. A close above the $0.1650 resistance might send the price toward the $0.1720 resistance. Any more gains might send the price toward the $0.1750 level. The next major stop for the bulls might be $0.1800.

    Downside Correction In DOGE?

    If DOGE’s price fails to gain pace above the $0.1650 level, it could start another decline. Initial support on the downside is near the $0.160 level and the trend line. It is close to the 50% Fib retracement level of the upward move from the $0.1571 swing low to the $0.1646 high.

    The next major support is near the $0.1580 level. If there is a downside break below the $0.1580 support, the price could decline further. In the stated case, the price might decline toward the $0.1520 level.

    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 – $0.1620, $0.1600 and $0.1580.

    Major Resistance Levels – $0.1640, $0.1650, and $0.1720.

    Aayush Jindal

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  • Is Dogecoin About to Take Off? Indicators Suggest Upward Momentum Ahead

    Is Dogecoin About to Take Off? Indicators Suggest Upward Momentum Ahead

    Dogecoin corrected gains and tested the $0.150 zone against the US Dollar. DOGE is now forming a base and might start a fresh increase above $0.1520.

    • DOGE price jumped toward $0.160 before correcting gains.
    • The price is trading above the $0.150 level and the 100-hourly simple moving average.
    • There is a key bullish trend line forming with support at $0.1485 on the hourly chart of the DOGE/USD pair (data source from Kraken).
    • The price must settle above $0.1540 to move into a positive zone and start a fresh surge.

    Dogecoin Price Holds Support

    After a steady increase, Dogecoin price faced resistance near the $0.160 zone. A high was formed at $0.1594 before DOGE started a downside correction like Bitcoin and Ethereum. There was a drop below the $0.1540 support zone.

    A low was formed at $0.1488 and DOGE is now consolidating for the next move. Dogecoin is still trading above the $0.150 level and the 100-hourly simple moving average. There is also a key bullish trend line forming with support at $0.1485 on the hourly chart of the DOGE/USD pair.

    On the upside, the price is facing resistance near the $0.1515 level. It is near the 23.6% Fib retracement level of the downward move from the $0.1594 swing high to the $0.1488 low.

    Source: DOGEUSD on TradingView.com

    The next major resistance is near the $0.1540 level or the 50% Fib retracement level of the downward move from the $0.1594 swing high to the $0.1488 low. A close above the $0.1540 resistance might send the price toward the $0.160 resistance. Any more gains might send the price toward the $0.1650 level. The next major stop for the bulls might be $0.1720.

    More Losses In DOGE?

    If DOGE’s price fails to gain pace above the $0.1540 level, it could start another decline. Initial support on the downside is near the $0.150 level and the trend line.

    The next major support is near the $0.1445 level. If there is a downside break below the $0.1445 support, the price could decline further. In the stated case, the price might decline toward the $0.1350 level.

    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 – $0.1500, $0.1445 and $0.1350.

    Major Resistance Levels – $0.1515, $0.1540, and $0.1600.

    Aayush Jindal

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  • Dogecoin Price Prediction – DOGE Signals Bullish Break, Bulls Aims For $0.10

    Dogecoin Price Prediction – DOGE Signals Bullish Break, Bulls Aims For $0.10

    Dogecoin is showing bullish signs above the $0.0875 zone against the US Dollar. DOGE could extend its rally toward the $0.100 resistance in the near term.

    • DOGE is showing positive signs above the $0.0875 zone against the US dollar.
    • The price is trading above the $0.0880 level and the 100 simple moving average (4 hours).
    • There was a break above a key contracting triangle with resistance at $0.0842 on the 4-hour chart of the DOGE/USD pair (data source from Kraken).
    • The price could extend its rally above the $0.090 and $0.092 resistance levels.

    Dogecoin Price Aims Higher

    In the past few sessions, Dogecoin price started a decent increase from the $0.082 support zone. DOGE cleared many hurdles near $0.0850 to enter a positive zone.

    There was a break above a key contracting triangle with resistance at $0.0842 on the 4-hour chart of the DOGE/USD pair. It even broke the $0.0880 resistance to move further into a positive zone like Bitcoin and Ethereum. A high was formed near $0.0914 and the price is now correcting gains.

    There was a move below the 23.6% Fib retracement level of the recent wave from the $0.0820 swing low to the $0.0914 high. DOGE is also trading above the $0.0875 level and the 100 simple moving average (4 hours).

    Source: DOGEUSD on TradingView.com

    On the upside, the price is facing resistance near the $0.0892 level. The next major resistance is near the $0.0915 level. A close above the $0.0915 resistance might send the price toward the $0.095 resistance. The next major resistance is near $0.100. Any more gains might send the price toward the $0.120 level.

    Downside Correction in DOGE?

    If DOGE’s price fails to gain pace above the $0.0915 level, it could start a downside correction. Initial support on the downside is near the $0.0865 level.

    The next major support is near the $0.0855 level or the 61.8% Fib retracement level of the recent wave from the $0.0820 swing low to the $0.0914 high. If there is a downside break below the $0.0855 support, the price could decline further. In the stated case, the price might decline toward the $0.0820 level.

    Technical Indicators

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

    4 Hours RSI (Relative Strength Index) – The RSI for DOGE/USD is now above the 50 level.

    Major Support Levels – $0.0865, $0.0855 and $0.0820.

    Major Resistance Levels – $0.0915, $0.095, and $0.10.

    Disclaimer: The article is provided for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

    Aayush Jindal

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  • Dogecoin Price Prediction – DOGE Pump To $0.12 Seems Imminent

    Dogecoin Price Prediction – DOGE Pump To $0.12 Seems Imminent

    Dogecoin is gaining pace above the $0.085 zone against the US Dollar. DOGE could start a fresh rally above the $0.088 and $0.095 resistance levels.

    • DOGE is showing positive signs above the $0.085 zone against the US dollar.
    • The price is trading above the $0.0865 level and the 100 simple moving average (4 hours).
    • There was a break above a key contracting triangle with resistance at $0.0820 on the 4-hour chart of the DOGE/USD pair (data source from Kraken).
    • The price could extend its rally above the $0.088 and $0.095 resistance levels.

    Dogecoin Price Turns Green

    In the past few sessions, Dogecoin price started a decent increase from the $0.080 support zone. DOGE cleared many hurdles near $0.0820 to enter a positive zone.

    There was a break above a key contracting triangle with resistance at $0.0820 on the 4-hour chart of the DOGE/USD pair. It even broke the $0.0850 resistance, but the upsides were less than Bitcoin and Ethereum. A high is formed near $0.0883 and the price is now consolidating gains.

    It is trading above the 23.6% Fib retracement level of the recent increase from the $0.0795 swing low to the $0.0883 high. DOGE is also trading above the $0.0865 level and the 100 simple moving average (4 hours).

    Source: DOGEUSD on TradingView.com

    On the upside, the price is facing resistance near the $0.0880 level. The next major resistance is near the $0.0920 level. A close above the $0.0920 resistance might send the price toward the $0.095 resistance. The next major resistance is near $0.100. Any more gains might send the price toward the $0.120 level.

    Downside Correction in DOGE?

    If DOGE’s price fails to gain pace above the $0.0880 level, it could start a downside correction. Initial support on the downside is near the $0.0860 level.

    The next major support is near the $0.0840 level or the 50% Fib retracement level of the recent increase from the $0.0795 swing low to the $0.0883 high. If there is a downside break below the $0.0840 support, the price could decline further. In the stated case, the price might decline toward the $0.0820 level.

    Technical Indicators

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

    4 Hours RSI (Relative Strength Index) – The RSI for DOGE/USD is now above the 50 level.

    Major Support Levels – $0.086, $0.084, and $0.082.

    Major Resistance Levels – $0.088, $0.092, and $0.10.

    Disclaimer: The article is provided for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

    Aayush Jindal

    Source link

  • Dogecoin Price Prediction – DOGE Turns Attractive To Bears On Rallies

    Dogecoin Price Prediction – DOGE Turns Attractive To Bears On Rallies

    Dogecoin started a fresh decline from the $0.0950 resistance against the US Dollar. DOGE could extend its decline unless there is a close above $0.090.

    • DOGE struggled near $0.0950 and started a fresh decline against the US dollar.
    • The price is trading below the $0.090 level and the 100 simple moving average (4 hours).
    • There is a key bearish trend line forming with resistance near $0.0920 on the 4-hour chart of the DOGE/USD pair (data source from Kraken).
    • The price could start a recovery wave if it clears $0.090 and $0.0950.

    Dogecoin Price Faces Key Hurdles

    In the past few sessions, Dogecoin price struggled to gain pace above $0.0920. DOGE remained below the $0.095 resistance zone and started a fresh decline, like Bitcoin and Ethereum.

    There was a sharp drop below the $0.0900 and $0.0865 support levels. It even tested the $0.0760 zone. A low was formed near $0.0760, and the price is now attempting a recovery wave. There was a move above the $0.080 resistance zone.

    It cleared the 23.6% Fib retracement level of the downward move from the $0.0943 swing high to the $0.0760 low. DOGE is now trading below the $0.090 level and the 100 simple moving average (4 hours). There is also a key bearish trend line forming with resistance near $0.0920 on the 4-hour chart of the DOGE/USD pair.

    On the upside, the price is facing resistance near the $0.0875 level. It is close to the 61.8% Fib retracement level of the downward move from the $0.0943 swing high to the $0.0760 low. The next major resistance is near the $0.090 level.

    Source: DOGEUSD on TradingView.com

    A close above the $0.090 resistance might send the price toward the $0.092 resistance. The next major resistance is near $0.095. Any more gains might send the price toward the $0.105 level.

    More Downsides in DOGE?

    If DOGE’s price fails to gain pace above the $0.0875 level, it could start a fresh decline. Initial support on the downside is near the $0.080 level.

    The next major support is near the $0.0760 level. If there is a downside break below the $0.0760 support, the price could decline further. In the stated case, the price might decline toward the $0.0710 level.

    Technical Indicators

    4 Hours MACD – The MACD for DOGE/USD is now gaining momentum in the bearish zone.

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

    Major Support Levels – $0.080, $0.0760, and $0.0710.

    Major Resistance Levels – $0.0875, $0.0920, and $0.0950.

    Disclaimer: The article is provided for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

    Aayush Jindal

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  • Dogecoin Price Prediction – DOGE Bulls Be Able to Hit $0.092 Barrier?

    Dogecoin Price Prediction – DOGE Bulls Be Able to Hit $0.092 Barrier?

    Dogecoin is showing positive signs above the $0.0750 resistance against the US Dollar. DOGE could rally over 10% if it clears the $0.0812 resistance zone.

    • DOGE started a decent increase above the $0.0750 resistance against the US dollar.
    • The price is trading above the $0.0785 level and the 100 simple moving average (4 hours).
    • There is a key bullish trend line forming with support near $0.0792 on the 4-hour chart of the DOGE/USD pair (data source from Kraken).
    • The price could start a strong rally like Solana if it clears the $0.0812 resistance.

    Dogecoin Price Eyes Fresh Rally

    After forming a base above the $0.070 level, Dogecoin price started a fresh increase. DOGE broke the $0.0725 resistance zone to move into a positive zone, like Bitcoin and Ethereum.

    The bulls were able to push the price further above the $0.0750 resistance. There was a clear move above the 50% Fib retracement level of the downward move from the $0.0875 swing high to the $0.0707 low. However, the price seems to be struggling near the $0.0812 resistance.

    DOGE is now trading above the $0.0785 level and the 100 simple moving average (4 hours). There is also a key bullish trend line forming with support near $0.0792 on the 4-hour chart of the DOGE/USD pair.

    On the upside, the price is facing resistance near the $0.0812 level. It is close to the 61.8% Fib retracement level of the downward move from the $0.0875 swing high to the $0.0707 low. The next major resistance is near the $0.0835 level.

    Source: DOGEUSD on TradingView.com

    A close above the $0.0835 resistance might send the price toward the $0.088 resistance. The next major resistance is near $0.0920. Any more gains might send the price toward the $0.095 level.

    Are Dips Supported in DOGE?

    If DOGE’s price fails to gain pace above the $0.0812 level, it could start a downside correction. Initial support on the downside is near the $0.0792 level and the trend line.

    The next major support is near the $0.0770 level. If there is a downside break below the $0.0770 support, the price could decline further. In the stated case, the price might decline toward the $0.0710 level.

    Technical Indicators

    4 Hours MACD – The MACD for DOGE/USD is now gaining momentum in the bullish zone.

    4 Hours RSI (Relative Strength Index) – The RSI for DOGE/USD is now above the 50 level.

    Major Support Levels – $0.0792, $0.0770, and $0.0710.

    Major Resistance Levels – $0.0812, $0.0835, and $0.0880.

    Aayush Jindal

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  • Dogecoin Price Prediction – DOGE Rally To $0.085 Seems Imminent

    Dogecoin Price Prediction – DOGE Rally To $0.085 Seems Imminent

    Dogecoin is showing positive signs above the $0.0720 resistance against the US Dollar. DOGE could rally over 10% if it clears the $0.0765 resistance zone.

    • DOGE started a decent increase above the $0.070 resistance against the US dollar.
    • The price is trading below the $0.0720 level and the 100 simple moving average (4 hours).
    • There is a key bullish trend line forming with support near $0.0712 on the 4-hour chart of the DOGE/USD pair (data source from Kraken).
    • The price could start a strong rally like Solana if it clears the $0.0765 resistance.

    Dogecoin Price Aims Key Upside Break

    After forming a base above the $0.065 level, Dogecoin price started a fresh increase. DOGE broke the $0.0685 resistance zone to move into a positive zone, like Bitcoin and Ethereum.

    The bulls were able to push the price further above the $0.0720 resistance. However, the price failed to clear the $0.0765 resistance and corrected lower. There was a move below the $0.0740 level. The price declined below the 23.6% Fib retracement level of the upward move from the $0.0655 swing low to the $0.0764 high.

    DOGE is now trading above the $0.072 level and the 100 simple moving average (4 hours). There is also a key bullish trend line forming with support near $0.0712 on the 4-hour chart of the DOGE/USD pair. The trend line is near the 50% Fib retracement level of the upward move from the $0.0655 swing low to the $0.0764 high.

    Source: DOGEUSD on TradingView.com

    On the upside, the price is facing resistance near the $0.0750 level. The first major resistance is near the $0.0765 level. A close above the $0.0765 resistance might send the price toward the $0.080 resistance. The next major resistance is near $0.0820. Any more gains might send the price toward the $0.085 level.

    Are Dips Limited in DOGE?

    If DOGE’s price fails to gain pace above the $0.0765 level, it could continue to move down. Initial support on the downside is near the $0.0720 level.

    The next major support is near the $0.0712 level and the trend line. If there is a downside break below the $0.0712 support, the price could decline further. In the stated case, the price might decline toward the $0.070 level or the 100 simple moving average (4 hours).

    Technical Indicators

    4 Hours MACD – The MACD for DOGE/USD is now gaining momentum in the bullish zone.

    4 Hours RSI (Relative Strength Index) – The RSI for DOGE/USD is now above the 50 level.

    Major Support Levels – $0.0720, $0.0712, and $0.0700.

    Major Resistance Levels – $0.0750, $0.0765, and $0.0850.

    Aayush Jindal

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  • Dogecoin Price Prediction – DOGE Could Soon Pump 20% Like Bitcoin

    Dogecoin Price Prediction – DOGE Could Soon Pump 20% Like Bitcoin

    Dogecoin is climbing higher above the $0.065 resistance against the US Dollar. DOGE could rally over 20% if it clears the $0.070 resistance zone.

    • DOGE started a decent increase above the $0.0625 resistance against the US dollar.
    • The price is trading below the $0.0650 level and the 100 simple moving average (4 hours).
    • There is a key bullish trend line forming with support near $0.0650 on the 4-hour chart of the DOGE/USD pair (data source from Kraken).
    • The price could start a strong rally like Bitcoin if it clears the $0.070 resistance.

    Dogecoin Price Starts Increase

    After forming a base above the $0.0575 level, Dogecoin price started a fresh increase. DOGE broke the $0.060 resistance zone to move into a positive zone.

    The recent pump in Bitcoin and Ethereum also pushed DOGE further higher. There was a steady increase above the $0.0650 resistance zone. A high is formed near $0.0693 and the price is now consolidating gains. It is also above the 23.6% Fib retracement level of the recent increase from the $0.0574 swing low to the $0.0693 high.

    DOGE is now trading above the $0.065 level and the 100 simple moving average (4 hours). On the upside, the price is facing resistance near the $0.0685 level. There is also a key bullish trend line forming with support near $0.0650 on the 4-hour chart of the DOGE/USD pair.

    Source: DOGEUSD on TradingView.com

    The first major resistance is near the $0.0685 level. The main resistance is near $0.070. A close above the $0.070 resistance might send the price toward the $0.0735 resistance. The next major resistance is near $0.0750. Any more gains might send the price toward the $0.080 level.

    Are Dips Supported in DOGE?

    If DOGE’s price fails to gain pace above the $0.070 level, it could start a downside correction. Initial support on the downside is near the $0.0665 level.

    The next major support is near the $0.0650 level. If there is a downside break below the $0.0650 support, the price could decline further. In the stated case, the price might decline toward the $0.0632 level or the 50% Fib retracement level of the recent increase from the $0.0574 swing low to the $0.0693 high.

    Technical Indicators

    4 Hours MACD – The MACD for DOGE/USD is now gaining momentum in the bullish zone.

    4 Hours RSI (Relative Strength Index) – The RSI for DOGE/USD is now above the 50 level.

    Major Support Levels – $0.0665, $0.0650, and $0.0632.

    Major Resistance Levels – $0.0685, $0.0700, and $0.0750.

    Aayush Jindal

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