{"id":631968,"date":"2024-07-29T05:28:46","date_gmt":"2024-07-29T05:28:46","guid":{"rendered":"https:\/\/wncen.com\/?p=631968"},"modified":"2024-07-29T04:19:26","modified_gmt":"2024-07-29T04:19:26","slug":"dogecoin-doge-impressive-gains","status":"publish","type":"post","link":"https:\/\/wncen.com\/analysis\/doge\/dogecoin-doge-impressive-gains\/","title":{"rendered":"Dogecoin Price (DOGE) Eyes Impressive Gains: Will It Break Through?"},"content":{"rendered":"<p><em>Dogecoin started a steady increase from the $0.1280 zone against the US Dollar. DOGE could gain pace if it clears the $0.1360 resistance zone.<\/em><\/p>\n<ul>\n<li>DOGE price is eyeing more gains above the $0.1350 resistance zone.<\/li>\n<li>The price is trading above the $0.1320 level and the 100-hourly simple moving average.<\/li>\n<li>There is a key bearish trend line forming with resistance at $0.1362 on the hourly chart of the DOGE\/USD pair (data source from Kraken).<\/li>\n<li>The price could continue to move up if it clears the $0.1360 resistance zone.<\/li>\n<\/ul>\n<h2>Dogecoin Price Eyes Upside Break, Can It Follow Bitcoin\u2019s Rise?<\/h2>\n<p>After a short-term pullback, Dogecoin price found support near the $0.1280 zone. A low was formed at $0.1282 and DOGE price is now rising. There was a move above the $0.130 resistance zone.<\/p>\n<p>The price surpassed the 50% Fib retracement level of the downward move from the $0.1386 swing high to the $0.1282 low. However, DOGE is well behind <a href=\"https:\/\/wncen.com\/analysis\/btc\/bitcoin-price-pump-70k\/\" target=\"_blank\" rel=\"noopener \">Bitcoin<\/a> since the latter was able to clear the $68,800 resistance zone.<\/p>\n<p>Dogecoin is now trading above the $0.1320 level and the <a href=\"https:\/\/wncen.com\/analysis\/dogecoin-price-doge-bulls-0-15\/\" target=\"_blank\" rel=\"noopener \">100-hourly simple moving average<\/a>. Immediate resistance on the upside is near the $0.1345 level. The next major resistance is near the $0.1360 level. There is also a key bearish trend line forming with resistance at $0.1362 on the hourly chart of the DOGE\/USD pair. The trend line is close to the 76.4% Fib retracement level of the downward move from the $0.1386 swing high to the $0.1282 low.<\/p>\n<figure id=\"attachment_631969\" aria-describedby=\"caption-attachment-631969\" style=\"width: 1024px\" class=\"wp-caption alignnone\"><a href=\"https:\/\/wncen.com\/wp-content\/uploads\/2024\/07\/Doegcoin-DOGE_6db34e.png\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"wp-image-631969 size-full\" src=\"https:\/\/wncen.com\/wp-content\/uploads\/2024\/07\/Doegcoin-DOGE_6db34e.png?resize=1024%2C461\" alt=\"Dogecoin Price\" width=\"1024\" height=\"461\" srcset=\"https:\/\/wncen.com\/wp-content\/uploads\/2024\/07\/Doegcoin-DOGE_6db34e.png?w=1835 1835w, https:\/\/wncen.com\/wp-content\/uploads\/2024\/07\/Doegcoin-DOGE_6db34e.png?w=460 460w, https:\/\/wncen.com\/wp-content\/uploads\/2024\/07\/Doegcoin-DOGE_6db34e.png?w=768 768w, https:\/\/wncen.com\/wp-content\/uploads\/2024\/07\/Doegcoin-DOGE_6db34e.png?w=860 860w, https:\/\/wncen.com\/wp-content\/uploads\/2024\/07\/Doegcoin-DOGE_6db34e.png?w=1536 1536w, https:\/\/wncen.com\/wp-content\/uploads\/2024\/07\/Doegcoin-DOGE_6db34e.png?w=750 750w, https:\/\/wncen.com\/wp-content\/uploads\/2024\/07\/Doegcoin-DOGE_6db34e.png?w=1140 1140w\" sizes=\"(max-width: 1000px) 100vw, 1000px\"><\/a><figcaption id=\"caption-attachment-631969\" 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 $0.1360 resistance might send the price toward the $0.1420 resistance. Any more gains might send the price toward the $0.150 level. The next major stop for the bulls might be $0.1650.<\/p>\n<h2>Are Dips Limited In DOGE?<\/h2>\n<p>If DOGE\u2019s price fails to gain pace above the $0.1360 level, it could start a downside correction. Initial support on the downside is near the $0.1320 level. The next major support is near the $0.1300 level.<\/p>\n<p>The main support sits at $0.1280. If there is a downside break below the $0.1280 support, the price could decline further. In the stated case, the price might decline toward the $0.1145 level.<\/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 $0.1320 and $0.1280.<\/p>\n<p>Major Resistance Levels \u2013 $0.1360 and $0.1420.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Dogecoin started a steady increase from the $0.1280 zone against the US Dollar. DOGE could gain pace if it clears the $0.1360 resistance zone. DOGE price is eyeing more gains above the $0.1350 resistance zone. The price is trading above the $0.1320 level and the 100-hourly simple moving average. There is a key bearish trend line forming with resistance at $0.1362 on the hourly chart of the DOGE\/USD pair (data source from Kraken). The price could continue to move up if it clears the $0.1360 resistance zone. Dogecoin Price Eyes Upside Break, Can It Follow Bitcoin\u2019s Rise? After a short-term pullback, Dogecoin price found support near the $0.1280 zone. A low was formed at $0.1282 and DOGE price is now rising. There was a move above the $0.130 resistance zone. The price surpassed the 50% Fib retracement level of the downward move from the $0.1386 swing high to the $0.1282 low. However, DOGE is well behind Bitcoin since the latter was able to clear the $68,800 resistance zone. Dogecoin is now trading above the $0.1320 level and the 100-hourly simple moving average. Immediate resistance on the upside is near the $0.1345 level. The next major resistance is near the $0.1360 level. There is also a key bearish trend line forming with resistance at $0.1362 on the hourly chart of the DOGE\/USD pair. The trend line is close to the 76.4% Fib retracement level of the downward move from the $0.1386 swing high to the $0.1282 low. A close above the $0.1360 resistance might send the price toward the $0.1420 resistance. Any more gains might send the price toward the $0.150 level. The next major stop for the bulls might be $0.1650. Are Dips Limited In DOGE? If DOGE\u2019s price fails to gain pace above the $0.1360 level, it could start a downside correction. Initial support on the downside is near the $0.1320 level. The next major support is near the $0.1300 level. The main support sits at $0.1280. If there is a downside break below the $0.1280 support, the price could decline further. In the stated case, the price might decline toward the $0.1145 level. 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 $0.1320 and $0.1280. Major Resistance Levels \u2013 $0.1360 and $0.1420.<\/p>\n","protected":false},"author":67,"featured_media":631970,"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-631968","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 Price (DOGE) Eyes Impressive Gains: Will It Break Through?<\/title>\n<meta name=\"description\" content=\"Dogecoin started a steady increase from the $0.1280 zone against the US Dollar. 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