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{"id":553311,"date":"2023-09-28T11:00:16","date_gmt":"2023-09-28T11:00:16","guid":{"rendered":"https:\/\/wncen.com\/?p=553311"},"modified":"2024-06-11T14:29:41","modified_gmt":"2024-06-11T14:29:41","slug":"dogecoin-price-doge-prediction-challenge-00635","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/dogecoin-price-doge-prediction-challenge-00635\/","title":{"rendered":"Dogecoin Price (DOGE) Prediction \u2013 Key Support Intact But Bulls Face Challenges"},"content":{"rendered":"

Dogecoin is holding the key support at $0.0595 against the US Dollar. DOGE could start a fresh increase if there is a clear move above $0.062 and $0.0635.<\/em><\/p>\n

\n
DOGE started a fresh decline and retested the $0.0595 level against the US dollar.<\/li>\n
The price is trading below the $0.062 level and the 100 simple moving average (4 hours).<\/li>\n
There is a key bearish trend line forming with resistance near $0.0610 on the 4-hour chart of the DOGE\/USD pair (data source from Kraken).<\/li>\n
The price could struggle to clear the $0.0615 and $0.0620 resistance levels.<\/li>\n<\/ul>\n
Dogecoin Price Holds Support<\/h2>\n
After struggling to clear the $0.0635, Dogecoin price started a fresh decline. DOGE declined below the $0.0612 level and even spiked below $0.060.<\/p>\n
A low was formed near $0.0593 and is currently correcting losses, like Bitcoin<\/a> and Ethereum<\/a>. There was a move above the $0.0602 level. The price climbed above the 23.6% Fib retracement level of the downward move from the $0.0634 swing high to the $0.0593 low.<\/p>\n
DOGE is now trading below the $0.0615 level and the 100 simple moving average (4 hours). On the upside, the price is facing resistance near the $0.0610 level. There is also a key bearish trend line forming with resistance near $0.0610 on the 4-hour chart of the DOGE\/USD pair.<\/p>\n
The first major resistance is near the $0.0615 level. It is near the 50% Fib retracement level of the downward move from the $0.0634 swing high to the $0.0593 low.<\/p>\n
$\"Dogecoin$ <\/a><\/p>\n
Source: DOGEUSD on TradingView.com<\/a><\/p>\n
A close above the $0.0615 resistance might send the price toward the $0.0635 resistance. The next major resistance is near $0.0650. Any more gains might send the price toward the $0.0685 level.<\/p>\n
Are Dips Supported in DOGE?<\/h2>\n
If DOGE\u2019s price fails to gain pace above the $0.0612 level, it could start another decline. Initial support on the downside is near the $0.060 level.<\/p>\n
The next major support is near the $0.0595 level. If there is a downside break below the $0.0595 support, the price could decline further. In the stated case, the price might decline toward the $0.055 level.<\/p>\n
Technical Indicators<\/p>\n
4 Hours MACD \u2013 The MACD for DOGE\/USD is now losing momentum in the bearish zone.<\/p>\n
4 Hours RSI (Relative Strength Index) \u2013 The RSI for DOGE\/USD is now near the 50 level.<\/p>\n
Major Support Levels \u2013 $0.060, $0.0595, and $0.0550.<\/p>\n
Major Resistance Levels \u2013 $0.0612, $0.0635, and $0.0650.<\/p>\n","protected":false},"excerpt":{"rendered":"
Dogecoin is holding the key support at $0.0595 against the US Dollar. DOGE could start a fresh increase if there is a clear move above $0.062 and $0.0635. DOGE started a fresh decline and retested the $0.0595 level against the US dollar. The price is trading below the $0.062 level and the 100 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $0.0610 on the 4-hour chart of the DOGE\/USD pair (data source from Kraken). The price could struggle to clear the $0.0615 and $0.0620 resistance levels. Dogecoin Price Holds Support After struggling to clear the $0.0635, Dogecoin price started a fresh decline. DOGE declined below the $0.0612 level and even spiked below $0.060. A low was formed near $0.0593 and is currently correcting losses, like Bitcoin and Ethereum. There was a move above the $0.0602 level. The price climbed above the 23.6% Fib retracement level of the downward move from the $0.0634 swing high to the $0.0593 low. DOGE is now trading below the $0.0615 level and the 100 simple moving average (4 hours). On the upside, the price is facing resistance near the $0.0610 level. There is also a key bearish trend line forming with resistance near $0.0610 on the 4-hour chart of the DOGE\/USD pair. The first major resistance is near the $0.0615 level. It is near the 50% Fib retracement level of the downward move from the $0.0634 swing high to the $0.0593 low. Source: DOGEUSD on TradingView.com A close above the $0.0615 resistance might send the price toward the $0.0635 resistance. The next major resistance is near $0.0650. Any more gains might send the price toward the $0.0685 level. Are Dips Supported in DOGE? If DOGE\u2019s price fails to gain pace above the $0.0612 level, it could start another decline. Initial support on the downside is near the $0.060 level. The next major support is near the $0.0595 level. If there is a downside break below the $0.0595 support, the price could decline further. In the stated case, the price might decline toward the $0.055 level. Technical Indicators 4 Hours MACD \u2013 The MACD for DOGE\/USD is now losing momentum in the bearish zone. 4 Hours RSI (Relative Strength Index) \u2013 The RSI for DOGE\/USD is now near the 50 level. Major Support Levels \u2013 $0.060, $0.0595, and $0.0550. Major Resistance Levels \u2013 $0.0612, $0.0635, and $0.0650.<\/p>\n","protected":false},"author":67,"featured_media":512044,"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":[1788,7,79599,79600],"class_list":["post-553311","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-dogebtc","tag-dogecoin","tag-dogeusd","tag-dogeusdt"],"acf":[],"yoast_head":"\nDogecoin Price (DOGE) Prediction \u2013 Key Support Intact But Bulls Face Challenges<\/title>\n<meta name=\"description\" content=\"Dogecoin is holding the key support at $0.0595 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. In a world where uncertainty reigns supreme, Aayush Jindal stands as a guiding light, illuminating the path to financial success with his unparalleled expertise, unwavering integrity, and boundless enthusiasm for the markets.","sameAs":["https:\/\/www.linkedin.com\/in\/aayush-jindal-358b6932\/","https:\/\/x.com\/twitter.com\/AayushJs"],"url":"https:\/\/wncen.com\/author\/aayushjindal\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Dogecoin Price (DOGE) Prediction \u2013 Key Support Intact But Bulls Face Challenges","url":"http:\/\/wncen.com\/news\/dogecoin-price-doge-prediction-challenge-00635\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/dogecoin-price-doge-prediction-challenge-00635\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2022\/12\/shutterstock_158505446.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2022\/12\/shutterstock_158505446.jpg?fit=1000%2C727"},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"Aayush Jindal"}],"creator":["Aayush Jindal"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["doge\/btc","dogecoin","dogeusd","dogeusdt"],"dateCreated":"2023-09-28T11:00:16Z","datePublished":"2023-09-28T11:00:16Z","dateModified":"2024-06-11T14:29:41Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Dogecoin Price (DOGE) Prediction \\u2013 Key Support Intact But Bulls Face Challenges\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/dogecoin-price-doge-prediction-challenge-00635\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/dogecoin-price-doge-prediction-challenge-00635\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2022\\\/12\\\/shutterstock_158505446.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2022\\\/12\\\/shutterstock_158505446.jpg?fit=1000%2C727\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Aayush Jindal\"}],\"creator\":[\"Aayush Jindal\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"doge\\\/btc\",\"dogecoin\",\"dogeusd\",\"dogeusdt\"],\"dateCreated\":\"2023-09-28T11:00:16Z\",\"datePublished\":\"2023-09-28T11:00:16Z\",\"dateModified\":\"2024-06-11T14:29:41Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/wncen.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/wncen.com\/wp-content\/uploads\/2022\/12\/shutterstock_158505446.jpg?fit=1000%2C727","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/553311","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/users\/67"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=553311"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/553311\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/512044"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=553311"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=553311"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=553311"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}