{"id":642995,"date":"2024-09-19T05:18:19","date_gmt":"2024-09-19T05:18:19","guid":{"rendered":"https:\/\/uniquehot.com\/?p=642995"},"modified":"2024-09-19T04:13:11","modified_gmt":"2024-09-19T04:13:11","slug":"dogecoin-doge-eyes-acceleration","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/analysis\/doge\/dogecoin-doge-eyes-acceleration\/","title":{"rendered":"Dogecoin (DOGE) Eyes Acceleration: Will It Climb Higher?"},"content":{"rendered":"<p><em>Dogecoin started a fresh increase from the $0.0985 support against the US Dollar. DOGE could gain pace if it clears the $0.1085 resistance.<\/em><\/p>\n<ul>\n<li>DOGE price is eyeing an upside break above $0.1085.<\/li>\n<li>The price is trading above the $0.100 level and the 100-hourly simple moving average.<\/li>\n<li>There was a break above a key bearish trend line with resistance at $0.1030 on the hourly chart of the DOGE\/USD pair (data source from Kraken).<\/li>\n<li>The price could rally if it clears the $0.1060 and $0.1085 resistance levels.<\/li>\n<\/ul>\n<h2>Dogecoin Price Rises Again<\/h2>\n<p>After a steady decline, Dogecoin price found support near the $0.0985 level. A base was formed, and DOGE started a decent upward move like <a href=\"https:\/\/uniquehot.com\/analysis\/btc\/bitcoin-price-surges-fed-rate-cut\/\" target=\"_blank\" rel=\"noopener \">Bitcoin<\/a> and <a href=\"https:\/\/uniquehot.com\/analysis\/eth\/ethereum-trails-bitcoin-2420\/\" target=\"_blank\" rel=\"noopener \">Ethereum<\/a>. There was a move above the $0.1020 and $0.1040 resistance levels.<\/p>\n<p>Besides, there was a break above a key bearish trend line with resistance at $0.1030 on the hourly chart of the DOGE\/USD pair. The pair surpassed the 50% Fib retracement level of the downward move from the $0.1084 swing high to the $0.0985 low.<\/p>\n<p>Dogecoin price is now trading above the $0.1040 level and the 100-hourly simple moving average. Immediate resistance on the upside is near the $0.1050 level. It is close to the 61.8% Fib retracement level of the downward move from the $0.1084 swing high to the $0.0985 low.<\/p>\n<figure id=\"attachment_642996\" aria-describedby=\"caption-attachment-642996\" style=\"width: 1024px\" class=\"wp-caption alignnone\"><a href=\"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/09\/Doegcoin-DOGE_e1bf14.png\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"wp-image-642996 size-full\" src=\"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/09\/Doegcoin-DOGE_e1bf14.png?resize=1024%2C478\" alt=\"Dogecoin Price\" width=\"1024\" height=\"478\" srcset=\"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/09\/Doegcoin-DOGE_e1bf14.png?w=1835 1835w, https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/09\/Doegcoin-DOGE_e1bf14.png?w=460 460w, https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/09\/Doegcoin-DOGE_e1bf14.png?w=768 768w, https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/09\/Doegcoin-DOGE_e1bf14.png?w=860 860w, https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/09\/Doegcoin-DOGE_e1bf14.png?w=1536 1536w, https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/09\/Doegcoin-DOGE_e1bf14.png?w=750 750w, https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/09\/Doegcoin-DOGE_e1bf14.png?w=1140 1140w\" sizes=\"(max-width: 1000px) 100vw, 1000px\"><\/a><figcaption id=\"caption-attachment-642996\" class=\"wp-caption-text\">Source: <a href=\"https:\/\/www.tradingview.com\/symbols\/DOGEUSD\/\" target=\"_blank\" rel=\"noopener nofollow\">DOGEUSD on TradingView.com<\/a><\/figcaption><\/figure>\n<p>The next major resistance is near the $0.1060 level. A close above the $0.1060 resistance might send the price toward the $0.1085 resistance. Any more gains might send the price toward the $0.1150 level. The next major stop for the bulls might be $0.1200.<\/p>\n<h2>Another Rejection In DOGE?<\/h2>\n<p>If DOGE\u2019s price fails to climb above the $0.1060 level, it could start another decline. Initial support on the downside is near the $0.1030 level and the same trend line. The next major support is near the $0.1020 level.<\/p>\n<p>The main support sits at $0.0985. If there is a downside break below the $0.0985 support, the price could decline further. In the stated case, the price might decline toward the $0.0920 level or even $0.0885 in the near term.<\/p>\n<p>Technical Indicators<\/p>\n<p>Hourly MACD \u2013 The MACD for DOGE\/USD is now gaining momentum in the bullish zone.<\/p>\n<p>Hourly RSI (Relative Strength Index) \u2013 The RSI for DOGE\/USD is now above the 50 level.<\/p>\n<p>Major Support Levels \u2013 $0.1030 and $0.1000.<\/p>\n<p>Major Resistance Levels \u2013 $0.1060 and $0.1085.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Dogecoin started a fresh increase from the $0.0985 support against the US Dollar. DOGE could gain pace if it clears the $0.1085 resistance. DOGE price is eyeing an upside break above $0.1085. The price is trading above the $0.100 level and the 100-hourly simple moving average. There was a break above a key bearish trend line with resistance at $0.1030 on the hourly chart of the DOGE\/USD pair (data source from Kraken). The price could rally if it clears the $0.1060 and $0.1085 resistance levels. Dogecoin Price Rises Again After a steady decline, Dogecoin price found support near the $0.0985 level. A base was formed, and DOGE started a decent upward move like Bitcoin and Ethereum. There was a move above the $0.1020 and $0.1040 resistance levels. Besides, there was a break above a key bearish trend line with resistance at $0.1030 on the hourly chart of the DOGE\/USD pair. The pair surpassed the 50% Fib retracement level of the downward move from the $0.1084 swing high to the $0.0985 low. Dogecoin price is now trading above the $0.1040 level and the 100-hourly simple moving average. Immediate resistance on the upside is near the $0.1050 level. It is close to the 61.8% Fib retracement level of the downward move from the $0.1084 swing high to the $0.0985 low. The next major resistance is near the $0.1060 level. A close above the $0.1060 resistance might send the price toward the $0.1085 resistance. Any more gains might send the price toward the $0.1150 level. The next major stop for the bulls might be $0.1200. Another Rejection In DOGE? If DOGE\u2019s price fails to climb above the $0.1060 level, it could start another decline. Initial support on the downside is near the $0.1030 level and the same trend line. The next major support is near the $0.1020 level. The main support sits at $0.0985. If there is a downside break below the $0.0985 support, the price could decline further. In the stated case, the price might decline toward the $0.0920 level or even $0.0885 in the near term. Technical Indicators Hourly MACD \u2013 The MACD for DOGE\/USD is now gaining momentum in the bullish zone. Hourly RSI (Relative Strength Index) \u2013 The RSI for DOGE\/USD is now above the 50 level. Major Support Levels \u2013 $0.1030 and $0.1000. Major Resistance Levels \u2013 $0.1060 and $0.1085.<\/p>\n","protected":false},"author":67,"featured_media":642997,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[89099],"tags":[1788,7,79599,79600,84471],"class_list":["post-642995","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-doge","tag-dogebtc","tag-dogecoin","tag-dogeusd","tag-dogeusdt","tag-meme-coin"],"acf":[],"yoast_head":"\n<title>Dogecoin (DOGE) Eyes Acceleration: Will It Climb Higher?<\/title>\n<meta name=\"description\" content=\"Dogecoin started a fresh increase from the $0.0985 support against the US Dollar. 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