{"id":649770,"date":"2024-10-25T05:18:43","date_gmt":"2024-10-25T05:18:43","guid":{"rendered":"https:\/\/uniquehot.com\/?p=649770"},"modified":"2024-10-25T04:01:23","modified_gmt":"2024-10-25T04:01:23","slug":"dogecoin-doge-rise-0-1450","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/analysis\/doge\/dogecoin-doge-rise-0-1450\/","title":{"rendered":"Dogecoin (DOGE) Poised for Another Rise: Can Bulls Drive Higher?"},"content":{"rendered":"<p><em>Dogecoin is consolidating above the $0.1320 support zone against the US Dollar. DOGE must clear the $0.1425 resistance to start another increase.<\/em><\/p>\n<ul>\n<li>DOGE price started a downside correction from the $0.1500 resistance level.<\/li>\n<li>The price is trading below the $0.1420 level and the 100-hourly simple moving average.<\/li>\n<li>There is a key bearish trend line forming with resistance at $0.1425 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 $0.1425 and $0.1450 resistance levels.<\/li>\n<\/ul>\n<h2>Dogecoin Price Eyes Upside Break<\/h2>\n<p>Dogecoin price started a downside correction from the $0.1500 resistance zone. DOGE dipped below $0.1450 and $0.1420 levels. A low was formed at $0.1330 and the price is now recovering losses like <a href=\"https:\/\/uniquehot.com\/analysis\/btc\/bitcoin-price-gains-68k\/\" target=\"_blank\" rel=\"noopener \">Bitcoin<\/a> and <a href=\"https:\/\/uniquehot.com\/analysis\/eth\/ethereum-price-battles-2560\/\" target=\"_blank\" rel=\"noopener \">Ethereum<\/a>.<\/p>\n<p>There was also a move above the $0.1350 and $0.1380 resistance levels. The price surpassed the 50% Fib retracement level of the downward move from the $0.1482 swing high to the $0.1330 low. However, the bears are active near the $0.1425 resistance zone.<\/p>\n<p>There is also a key bearish trend line forming with resistance at $0.1425 on the hourly chart of the DOGE\/USD pair. The trend line is close to the 61.8% Fib retracement level of the downward move from the $0.1482 swing high to the $0.1330 low.<\/p>\n<p>Dogecoin price is now trading below the $0.1420 level and the 100-hourly simple moving average. Immediate resistance on the upside is near the $0.1425 level. The next major resistance is near the $0.1450 level.<\/p>\n<figure id=\"attachment_649771\" aria-describedby=\"caption-attachment-649771\" style=\"width: 1024px\" class=\"wp-caption alignnone\"><a href=\"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/10\/Doegcoin-DOGE_51a05f.png\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"wp-image-649771 size-full\" src=\"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/10\/Doegcoin-DOGE_51a05f.png?resize=1024%2C478\" alt=\"Dogecoin (DOGE)\" width=\"1024\" height=\"478\" srcset=\"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/10\/Doegcoin-DOGE_51a05f.png?w=1835 1835w, https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/10\/Doegcoin-DOGE_51a05f.png?w=460 460w, https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/10\/Doegcoin-DOGE_51a05f.png?w=768 768w, https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/10\/Doegcoin-DOGE_51a05f.png?w=860 860w, https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/10\/Doegcoin-DOGE_51a05f.png?w=1536 1536w, https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/10\/Doegcoin-DOGE_51a05f.png?w=750 750w, https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/10\/Doegcoin-DOGE_51a05f.png?w=1140 1140w\" sizes=\"(max-width: 1000px) 100vw, 1000px\"><\/a><figcaption id=\"caption-attachment-649771\" 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>A close above the $0.1450 resistance might send the price toward the $0.1500 resistance. Any more gains might send the price toward the $0.1550 level. The next major stop for the bulls might be $0.1585.<\/p>\n<h2>Another Decline In DOGE?<\/h2>\n<p>If DOGE\u2019s price fails to climb above the $0.1425 level, it could start another decline. Initial support on the downside is near the $0.1365 level. The next major support is near the $0.1350 level.<\/p>\n<p>The main support sits at $0.1320. If there is a downside break below the $0.1320 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.<\/p>\n<p>Technical Indicators<\/p>\n<p>Hourly MACD \u2013 The MACD for DOGE\/USD is now losing momentum in the bullish zone.<\/p>\n<p>Hourly RSI (Relative Strength Index) \u2013 The RSI for DOGE\/USD is now near the 50 level.<\/p>\n<p>Major Support Levels \u2013 $0.1365 and $0.1320.<\/p>\n<p>Major Resistance Levels \u2013 $0.1425 and $0.1450.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Dogecoin is consolidating above the $0.1320 support zone against the US Dollar. DOGE must clear the $0.1425 resistance to start another increase. DOGE price started a downside correction from the $0.1500 resistance level. The price is trading below the $0.1420 level and the 100-hourly simple moving average. There is a key bearish trend line forming with resistance at $0.1425 on the hourly chart of the DOGE\/USD pair (data source from Kraken). The price could gain bullish momentum if it clears the $0.1425 and $0.1450 resistance levels. Dogecoin Price Eyes Upside Break Dogecoin price started a downside correction from the $0.1500 resistance zone. DOGE dipped below $0.1450 and $0.1420 levels. A low was formed at $0.1330 and the price is now recovering losses like Bitcoin and Ethereum. There was also a move above the $0.1350 and $0.1380 resistance levels. The price surpassed the 50% Fib retracement level of the downward move from the $0.1482 swing high to the $0.1330 low. However, the bears are active near the $0.1425 resistance zone. There is also a key bearish trend line forming with resistance at $0.1425 on the hourly chart of the DOGE\/USD pair. The trend line is close to the 61.8% Fib retracement level of the downward move from the $0.1482 swing high to the $0.1330 low. Dogecoin price is now trading below the $0.1420 level and the 100-hourly simple moving average. Immediate resistance on the upside is near the $0.1425 level. The next major resistance is near the $0.1450 level. A close above the $0.1450 resistance might send the price toward the $0.1500 resistance. Any more gains might send the price toward the $0.1550 level. The next major stop for the bulls might be $0.1585. Another Decline In DOGE? If DOGE\u2019s price fails to climb above the $0.1425 level, it could start another decline. Initial support on the downside is near the $0.1365 level. The next major support is near the $0.1350 level. The main support sits at $0.1320. If there is a downside break below the $0.1320 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 \u2013 The MACD for DOGE\/USD is now losing momentum in the bullish zone. Hourly RSI (Relative Strength Index) \u2013 The RSI for DOGE\/USD is now near the 50 level. Major Support Levels \u2013 $0.1365 and $0.1320. Major Resistance Levels \u2013 $0.1425 and $0.1450.<\/p>\n","protected":false},"author":67,"featured_media":649772,"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-649770","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) Poised for Another Rise: Can Bulls Drive Higher?<\/title>\n<meta name=\"description\" content=\"Dogecoin is consolidating above the $0.1320 support zone against the US Dollar. 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