{"id":544201,"date":"2023-07-25T04:46:27","date_gmt":"2023-07-25T04:46:27","guid":{"rendered":"https:\/\/wncen.com\/?p=544201"},"modified":"2024-06-11T13:02:25","modified_gmt":"2024-06-11T13:02:25","slug":"dogecoin-price-doge-jumps-0-078","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/dogecoin-price-doge-jumps-0-078\/","title":{"rendered":"Dogecoin Price (DOGE) Jumps 10% &#8211; Here\u2019s Why The Bulls Could Aim $0.085"},"content":{"rendered":"<p><em>Dogecoin is gaining bullish momentum above the $0.075 resistance against the US Dollar. DOGE could extend its rally toward the $0.085 resistance zone.<\/em><\/p>\n<ul>\n<li>DOGE is currently trading in a bullish zone above $0.072 resistance against the US dollar.<\/li>\n<li>The price is trading well above the $0.075 zone and the 100 simple moving average (4 hours).<\/li>\n<li>There is a major bullish trend line forming with support near $0.0725 on the 4-hours chart of the DOGE\/USD pair (data source from Kraken).<\/li>\n<li>The price is up nearly 10% and might extend its increase above $0.080.<\/li>\n<\/ul>\n<h2>Dogecoin Price Gains Strength<\/h2>\n<p>In the last Dogecoin price prediction, we discussed how DOGE could surge 10%. The price did form a base above the $0.0680 level and started a fresh rally.<\/p>\n<p>The price cleared the $0.072 and $0.0725 resistance levels, outperforming <a href=\"https:\/\/wncen.com\/analysis\/btc\/bitcoin-price-hits-bearish-target-28800\/?swcfpc=1\" target=\"_blank\" rel=\"noopener \">Bitcoin<\/a> and <a href=\"https:\/\/wncen.com\/analysis\/eth\/ethereum-price-struggles-below-1900\/?swcfpc=1\" target=\"_blank\" rel=\"noopener \">Ethereum<\/a>. It is up over 10% and trading near the $0.0780 resistance. A high is formed near $0.0780 and the price is now consolidating gains.<\/p>\n<p>DOGE is trading well above the $0.0725 zone and the 100 simple moving average (4 hours). There is also a major bullish trend line forming with support near $0.0725 on the 4-hours chart of the DOGE\/USD pair. The pair is now trading above the 23.6% Fib retracement level of the recent rally from the $0.0695 swing low to the $0.0780 high.<\/p>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-544202\" src=\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/07\/Doegcoin-DOGE-1.png?resize=1835%2C845\" alt=\"Dogecoin Price (DOGE)\" width=\"1835\" height=\"845\" srcset=\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/07\/Doegcoin-DOGE-1.png?w=1835 1835w, https:\/\/wncen.com\/wp-content\/uploads\/2023\/07\/Doegcoin-DOGE-1.png?w=460 460w, https:\/\/wncen.com\/wp-content\/uploads\/2023\/07\/Doegcoin-DOGE-1.png?w=768 768w, https:\/\/wncen.com\/wp-content\/uploads\/2023\/07\/Doegcoin-DOGE-1.png?w=860 860w, https:\/\/wncen.com\/wp-content\/uploads\/2023\/07\/Doegcoin-DOGE-1.png?w=1536 1536w, https:\/\/wncen.com\/wp-content\/uploads\/2023\/07\/Doegcoin-DOGE-1.png?w=750 750w, https:\/\/wncen.com\/wp-content\/uploads\/2023\/07\/Doegcoin-DOGE-1.png?w=1140 1140w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\"><\/p>\n<p>Source: <a href=\"https:\/\/www.tradingview.com\/symbols\/DOGEUSD\/\" target=\"_blank\" rel=\"noopener nofollow\">DOGEUSD on TradingView.com<\/a><\/p>\n<p>On the upside, the price is facing resistance near the $0.0780 level. The first major resistance is near the $0.080 level. A close above the $0.080 resistance might send the price toward the $0.0820 resistance. The next major resistance is near $0.0832. Any more gains might send the price toward the $0.085 level.<\/p>\n<h2>Are Dips Limited in DOGE?<\/h2>\n<p>If DOGE\u2019s price fails to gain pace above the $0.0780 level, it could start a downside correction. Initial support on the downside is near the $0.0760 level.<\/p>\n<p>The next major support is near the $0.0725 level and the trend line. If there is a downside break below the $0.0725 support, the price could decline further. In the stated case, the price might decline toward the $0.070 level.<\/p>\n<p>Technical Indicators<\/p>\n<p>4 Hours MACD \u2013 The MACD for DOGE\/USD is now gaining momentum in the bullish zone.<\/p>\n<p>4 Hours RSI (Relative Strength Index) \u2013 The RSI for DOGE\/USD is now above the 50 level.<\/p>\n<p>Major Support Levels \u2013 $0.0765, $0.0725, and $0.070.<\/p>\n<p>Major Resistance Levels \u2013 $0.0780, $0.080, and $0.085.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Dogecoin is gaining bullish momentum above the $0.075 resistance against the US Dollar. DOGE could extend its rally toward the $0.085 resistance zone. DOGE is currently trading in a bullish zone above $0.072 resistance against the US dollar. The price is trading well above the $0.075 zone and the 100 simple moving average (4 hours). There is a major bullish trend line forming with support near $0.0725 on the 4-hours chart of the DOGE\/USD pair (data source from Kraken). The price is up nearly 10% and might extend its increase above $0.080. Dogecoin Price Gains Strength In the last Dogecoin price prediction, we discussed how DOGE could surge 10%. The price did form a base above the $0.0680 level and started a fresh rally. The price cleared the $0.072 and $0.0725 resistance levels, outperforming Bitcoin and Ethereum. It is up over 10% and trading near the $0.0780 resistance. A high is formed near $0.0780 and the price is now consolidating gains. DOGE is trading well above the $0.0725 zone and the 100 simple moving average (4 hours). There is also a major bullish trend line forming with support near $0.0725 on the 4-hours chart of the DOGE\/USD pair. The pair is now trading above the 23.6% Fib retracement level of the recent rally from the $0.0695 swing low to the $0.0780 high. Source: DOGEUSD on TradingView.com On the upside, the price is facing resistance near the $0.0780 level. The first major resistance is near the $0.080 level. A close above the $0.080 resistance might send the price toward the $0.0820 resistance. The next major resistance is near $0.0832. Any more gains might send the price toward the $0.085 level. Are Dips Limited in DOGE? If DOGE\u2019s price fails to gain pace above the $0.0780 level, it could start a downside correction. Initial support on the downside is near the $0.0760 level. The next major support is near the $0.0725 level and the trend line. If there is a downside break below the $0.0725 support, the price could decline further. In the stated case, the price might decline toward the $0.070 level. 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 $0.0765, $0.0725, and $0.070. Major Resistance Levels \u2013 $0.0780, $0.080, and $0.085.<\/p>\n","protected":false},"author":67,"featured_media":462618,"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":[1785,7,79599,79600],"class_list":["post-544201","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-doge","tag-dogecoin","tag-dogeusd","tag-dogeusdt"],"acf":[],"yoast_head":"\n<title>Dogecoin Price (DOGE) Jumps 10% - Here\u2019s Why The Bulls Could Aim $0.085<\/title>\n<meta name=\"description\" content=\"Dogecoin is gaining bullish momentum above the $0.075 resistance against the US Dollar. 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