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{"id":556687,"date":"2023-10-24T05:08:32","date_gmt":"2023-10-24T05:08:32","guid":{"rendered":"https:\/\/uniquehot.com\/?p=556687"},"modified":"2024-06-11T14:30:22","modified_gmt":"2024-06-11T14:30:22","slug":"dogecoin-price-prediction-doge-pump-20-pc","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/dogecoin-price-prediction-doge-pump-20-pc\/","title":{"rendered":"Dogecoin Price Prediction \u2013 DOGE Could Soon Pump 20% Like Bitcoin"},"content":{"rendered":"

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.<\/em><\/p>\n

\n
DOGE started a decent increase above the $0.0625 resistance against the US dollar.<\/li>\n
The price is trading below the $0.0650 level and the 100 simple moving average (4 hours).<\/li>\n
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).<\/li>\n
The price could start a strong rally like Bitcoin<\/a> if it clears the $0.070 resistance.<\/li>\n<\/ul>\n
Dogecoin Price Starts Increase<\/h2>\n
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.<\/p>\n
The recent pump in Bitcoin and Ethereum<\/a> 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.<\/p>\n
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.<\/p>\n
$\"Dogecoin$ <\/a><\/p>\n
Source: DOGEUSD on TradingView.com<\/a><\/p>\n
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.<\/p>\n
Are Dips Supported in DOGE?<\/h2>\n
If DOGE\u2019s 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.<\/p>\n
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.<\/p>\n
Technical Indicators<\/p>\n
4 Hours MACD \u2013 The MACD for DOGE\/USD is now gaining momentum in the bullish zone.<\/p>\n
4 Hours RSI (Relative Strength Index) \u2013 The RSI for DOGE\/USD is now above the 50 level.<\/p>\n
Major Support Levels \u2013 $0.0665, $0.0650, and $0.0632.<\/p>\n
Major Resistance Levels \u2013 $0.0685, $0.0700, and $0.0750.<\/p>\n","protected":false},"excerpt":{"rendered":"
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\u2019s 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 \u2013 The MACD for DOGE\/USD is now gaining momentum in the bullish zone. 4 Hours RSI (Relative Strength Index) \u2013 The RSI for DOGE\/USD is now above the 50 level. Major Support Levels \u2013 $0.0665, $0.0650, and $0.0632. Major Resistance Levels \u2013 $0.0685, $0.0700, and $0.0750.<\/p>\n","protected":false},"author":67,"featured_media":508731,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[1788,7,79599,79600],"class_list":["post-556687","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-dogebtc","tag-dogecoin","tag-dogeusd","tag-dogeusdt"],"acf":[],"yoast_head":"\nDogecoin Price Prediction \u2013 DOGE Could Soon Pump 20% Like Bitcoin<\/title>\n<meta name=\"description\" content=\"Dogecoin is climbing higher above the $0.065 resistance against the US Dollar. 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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. 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Dogecoin Price Starts Increase<\/h2>\nAfter 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.<\/p>\n