{"id":648425,"date":"2024-10-17T05:08:31","date_gmt":"2024-10-17T05:08:31","guid":{"rendered":"https:\/\/uniquehot.com\/?p=648425"},"modified":"2024-10-17T04:01:22","modified_gmt":"2024-10-17T04:01:22","slug":"dogecoin-restarts-rally-0-1250","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/analysis\/doge\/dogecoin-restarts-rally-0-1250\/","title":{"rendered":"Dogecoin Restarts Rally: Is The Doge Hype Reigniting?"},"content":{"rendered":"<p><em>Dogecoin is rising above the $0.120 resistance zone against the US Dollar. DOGE is now showing positive signs and might clear the $0.1280 resistance.<\/em><\/p>\n<ul>\n<li>DOGE price started a fresh increase above the $0.1200 resistance level.<\/li>\n<li>The price is trading above the $0.1220 level and the 100-hourly simple moving average.<\/li>\n<li>There was a break above a major declining channel with resistance at $0.1170 on the hourly chart of the DOGE\/USD pair (data source from Kraken).<\/li>\n<li>The price could gain bullish momentum if it clears the $0.1250 and $0.1280 resistance levels.<\/li>\n<\/ul>\n<h2>Dogecoin Price Regains Traction<\/h2>\n<p>Dogecoin price started a fresh increase above the $0.1100 resistance zone. DOGE gained traction for a move above the $0.1200 resistance zone, beating <a href=\"https:\/\/uniquehot.com\/analysis\/btc\/bitcoin-price-firm-66500\/\" target=\"_blank\" rel=\"noopener \">Bitcoin<\/a> and <a href=\"https:\/\/uniquehot.com\/analysis\/eth\/ethereum-upside-break-2650\/\" target=\"_blank\" rel=\"noopener \">Ethereum<\/a>. There was also a move above the $0.1250 and $0.1265 resistance levels.<\/p>\n<p>During the increase, there was a break above a major declining channel with resistance at $0.1170 on the hourly chart of the DOGE\/USD pair. The pair traded as high as $0.1297 and recently saw a minor downside correction.<\/p>\n<p>The price dipped below the $0.1265 level. It traded below the 23.6% Fib retracement level of the upward move from the $0.1101 swing low to the $0.1297 high. Dogecoin price is now trading above the $0.1200 level and the 100-hourly simple moving average.<\/p>\n<figure id=\"attachment_648426\" aria-describedby=\"caption-attachment-648426\" style=\"width: 1024px\" class=\"wp-caption alignnone\"><a href=\"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/10\/Doegcoin-DOGE_0cb13d.png\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"wp-image-648426 size-full\" src=\"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/10\/Doegcoin-DOGE_0cb13d.png?resize=1024%2C478\" alt=\"Dogecoin Price \" width=\"1024\" height=\"478\" srcset=\"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/10\/Doegcoin-DOGE_0cb13d.png?w=1835 1835w, https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/10\/Doegcoin-DOGE_0cb13d.png?w=460 460w, https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/10\/Doegcoin-DOGE_0cb13d.png?w=768 768w, https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/10\/Doegcoin-DOGE_0cb13d.png?w=860 860w, https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/10\/Doegcoin-DOGE_0cb13d.png?w=1536 1536w, https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/10\/Doegcoin-DOGE_0cb13d.png?w=750 750w, https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/10\/Doegcoin-DOGE_0cb13d.png?w=1140 1140w\" sizes=\"(max-width: 1000px) 100vw, 1000px\"><\/a><figcaption id=\"caption-attachment-648426\" 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>Immediate resistance on the upside is near the $0.1280 level. The next major resistance is near the $0.1300 level. A close above the $0.1300 resistance might send the price toward the $0.1320 resistance. Any more gains might send the price toward the $0.1350 level. The next major stop for the bulls might be $0.1400.<\/p>\n<h2>Are Dips Supported In DOGE?<\/h2>\n<p>If DOGE\u2019s price fails to climb above the $0.1280 level, it could start another decline. Initial support on the downside is near the $0.1235 level. The next major support is near the $0.1200 level and the 50% Fib retracement level of the upward move from the $0.1101 swing low to the $0.1297 high.<\/p>\n<p>The main support sits at $0.1175. If there is a downside break below the $0.1175 support, the price could decline further. In the stated case, the price might decline toward the $0.1150 level or even $0.1120 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 $0.1235 and $0.1200.<\/p>\n<p>Major Resistance Levels \u2013 $0.1280 and $0.1300.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Dogecoin is rising above the $0.120 resistance zone against the US Dollar. DOGE is now showing positive signs and might clear the $0.1280 resistance. DOGE price started a fresh increase above the $0.1200 resistance level. The price is trading above the $0.1220 level and the 100-hourly simple moving average. There was a break above a major declining channel with resistance at $0.1170 on the hourly chart of the DOGE\/USD pair (data source from Kraken). The price could gain bullish momentum if it clears the $0.1250 and $0.1280 resistance levels. Dogecoin Price Regains Traction Dogecoin price started a fresh increase above the $0.1100 resistance zone. DOGE gained traction for a move above the $0.1200 resistance zone, beating Bitcoin and Ethereum. There was also a move above the $0.1250 and $0.1265 resistance levels. During the increase, there was a break above a major declining channel with resistance at $0.1170 on the hourly chart of the DOGE\/USD pair. The pair traded as high as $0.1297 and recently saw a minor downside correction. The price dipped below the $0.1265 level. It traded below the 23.6% Fib retracement level of the upward move from the $0.1101 swing low to the $0.1297 high. Dogecoin price is now trading above the $0.1200 level and the 100-hourly simple moving average. Immediate resistance on the upside is near the $0.1280 level. The next major resistance is near the $0.1300 level. A close above the $0.1300 resistance might send the price toward the $0.1320 resistance. Any more gains might send the price toward the $0.1350 level. The next major stop for the bulls might be $0.1400. Are Dips Supported In DOGE? If DOGE\u2019s price fails to climb above the $0.1280 level, it could start another decline. Initial support on the downside is near the $0.1235 level. The next major support is near the $0.1200 level and the 50% Fib retracement level of the upward move from the $0.1101 swing low to the $0.1297 high. The main support sits at $0.1175. If there is a downside break below the $0.1175 support, the price could decline further. In the stated case, the price might decline toward the $0.1150 level or even $0.1120 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 $0.1235 and $0.1200. Major Resistance Levels \u2013 $0.1280 and $0.1300.<\/p>\n","protected":false},"author":67,"featured_media":648427,"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-648425","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 Restarts Rally: Is The Doge Hype Reigniting?<\/title>\n<meta name=\"description\" content=\"Dogecoin is rising above the $0.120 resistance zone against the US Dollar. 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