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{"id":650650,"date":"2024-10-30T05:18:39","date_gmt":"2024-10-30T05:18:39","guid":{"rendered":"https:\/\/uniquehot.com\/?p=650650"},"modified":"2024-10-30T04:10:55","modified_gmt":"2024-10-30T04:10:55","slug":"dogecoin-doge-rockets-0-1750","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/analysis\/doge\/dogecoin-doge-rockets-0-1750\/","title":{"rendered":"Dogecoin (DOGE) Rockets Ahead: Will the Rally Hold?"},"content":{"rendered":"

Dogecoin is up over 20% and trading above the $0.1650 support zone against the US Dollar. DOGE must clear the $0.1780 resistance to continue higher.<\/em><\/p>\n

\n
DOGE price started a major increase above the $0.1500 resistance level.<\/li>\n
The price is trading above the $0.1650 level and the 100-hourly simple moving average.<\/li>\n
There is a key bullish trend line forming with support at $0.1715 on the hourly chart of the DOGE\/USD pair (data source from Kraken).<\/li>\n
The price could continue to rise if it clears the $0.1780 and $0.1800 resistance levels.<\/li>\n<\/ul>\n
Dogecoin Price Eyes More Gains<\/h2>\n
Dogecoin price started a fresh surge above the $0.1450 and $0.150 resistance levels. DOGE price gained over 20%, beating Bitcoin<\/a> and Ethereum<\/a>. The bulls were able to pump the price above the $0.1650 resistance.<\/p>\n
A high was formed at $0.1796 and the price is now consolidating gains. It is holding gains above the $0.1720 level. There is also a key bullish trend line forming with support at $0.1715 on the hourly chart of the DOGE\/USD pair. The trend line is well above the 23.6% Fib retracement level of the upward move from the $0.1275 swing low to the $0.1794 high.<\/p>\n
Dogecoin price is now trading above the $0.1650 level and the 100-hourly simple moving average. Immediate resistance on the upside is near the $0.1765 level. The next major resistance is near the $0.1780 level.<\/p>\n
$\"Dogecoin$ <\/a>
Source: DOGEUSD on TradingView.com<\/a><\/figcaption><\/figure>\n
A close above the $0.1780 resistance might send the price toward the $0.1800 resistance. Any more gains might send the price toward the $0.1850 level. The next major stop for the bulls might be $0.2000.<\/p>\n
Are Dips Supported In DOGE?<\/h2>\n
If DOGE\u2019s price fails to climb above the $0.1780 level, it could start another decline. Initial support on the downside is near the $0.1715 level and the trend line. The next major support is near the $0.1675 level.<\/p>\n
The main support sits at $0.1630. If there is a downside break below the $0.1630 support, the price could decline further. In the stated case, the price might decline toward the $0.1500 level or even $0.1420 in the near term.<\/p>\n
Technical Indicators<\/p>\n
Hourly MACD \u2013 The MACD for DOGE\/USD is now gaining momentum in the bullish zone.<\/p>\n
Hourly RSI (Relative Strength Index) \u2013 The RSI for DOGE\/USD is now above the 50 level.<\/p>\n
Major Support Levels \u2013 $0.1715 and $0.1675.<\/p>\n
Major Resistance Levels \u2013 $0.1780 and $0.1800.<\/p>\n","protected":false},"excerpt":{"rendered":"
Dogecoin is up over 20% and trading above the $0.1650 support zone against the US Dollar. DOGE must clear the $0.1780 resistance to continue higher. DOGE price started a major increase above the $0.1500 resistance level. The price is trading above the $0.1650 level and the 100-hourly simple moving average. There is a key bullish trend line forming with support at $0.1715 on the hourly chart of the DOGE\/USD pair (data source from Kraken). The price could continue to rise if it clears the $0.1780 and $0.1800 resistance levels. Dogecoin Price Eyes More Gains Dogecoin price started a fresh surge above the $0.1450 and $0.150 resistance levels. DOGE price gained over 20%, beating Bitcoin and Ethereum. The bulls were able to pump the price above the $0.1650 resistance. A high was formed at $0.1796 and the price is now consolidating gains. It is holding gains above the $0.1720 level. There is also a key bullish trend line forming with support at $0.1715 on the hourly chart of the DOGE\/USD pair. The trend line is well above the 23.6% Fib retracement level of the upward move from the $0.1275 swing low to the $0.1794 high. Dogecoin price is now trading above the $0.1650 level and the 100-hourly simple moving average. Immediate resistance on the upside is near the $0.1765 level. The next major resistance is near the $0.1780 level. A close above the $0.1780 resistance might send the price toward the $0.1800 resistance. Any more gains might send the price toward the $0.1850 level. The next major stop for the bulls might be $0.2000. Are Dips Supported In DOGE? If DOGE\u2019s price fails to climb above the $0.1780 level, it could start another decline. Initial support on the downside is near the $0.1715 level and the trend line. The next major support is near the $0.1675 level. The main support sits at $0.1630. If there is a downside break below the $0.1630 support, the price could decline further. In the stated case, the price might decline toward the $0.1500 level or even $0.1420 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 $0.1715 and $0.1675. Major Resistance Levels \u2013 $0.1780 and $0.1800.<\/p>\n","protected":false},"author":67,"featured_media":650652,"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-650650","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":"\nDogecoin (DOGE) Rockets Ahead: Will the Rally Hold?<\/title>\n<meta name=\"description\" content=\"Dogecoin is up over 20% and trading above the $0.1650 support zone 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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