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{"id":635083,"date":"2024-08-13T05:28:31","date_gmt":"2024-08-13T05:28:31","guid":{"rendered":"https:\/\/wncen.com\/?p=635083"},"modified":"2024-08-13T05:02:30","modified_gmt":"2024-08-13T05:02:30","slug":"dogecoin-price-doge-gains-0-10","status":"publish","type":"post","link":"https:\/\/wncen.com\/analysis\/doge\/dogecoin-price-doge-gains-0-10\/","title":{"rendered":"Dogecoin Price (DOGE) Set For Fresh Gains: Can It Surge Higher?"},"content":{"rendered":"

Dogecoin started a fresh increase above the $0.1050 resistance against the US Dollar. DOGE is correcting gains and might find bids near the $0.1032 level.<\/em><\/p>\n

\n
DOGE price is facing hurdles near the $0.1100 pivot zone.<\/li>\n
The price is trading near the $0.1040 level and the 100-hourly simple moving average.<\/li>\n
There is a key bullish trend line forming with support near $0.1032 on the hourly chart of the DOGE\/USD pair (data source from Kraken).<\/li>\n
The price could start a fresh increase above the $0.1065 resistance zone.<\/li>\n<\/ul>\n
Dogecoin Price Holds Key Support<\/h2>\n
In the past few sessions, Dogecoin price saw a decent increase above $0.100 like Bitcoin<\/a> and Ethereum<\/a>. The price was able to clear the $0.1032 and $0.1050 resistance levels.<\/p>\n
The bulls even pushed it above $0.1080 and the 100-hourly simple moving average. A high was formed at $0.1090 and the price is now correcting gains. The price declined below the $0.1060 level. There was a drop below the 50% Fib retracement level of the upward move from the $0.1000 swing low to the $0.1090 high.<\/p>\n
Dogecoin is now trading near the $0.1040 level and the 100-hourly simple moving average. Besides, there is a key bullish trend line forming with support near $0.1032 on the hourly chart of the DOGE\/USD pair.<\/p>\n
$\"Dogecoin$ <\/a>
Source: DOGEUSD on TradingView.com<\/a><\/figcaption><\/figure>\n
The trend line is close to the 61.8% Fib retracement level of the upward move from the $0.1000 swing low to the $0.1090 high. Immediate resistance on the upside is near the $0.1065 level. The next major resistance is near the $0.1080 level. A close above the $0.1080 resistance might send the price toward the $0.1100 resistance. Any more gains might send the price toward the $0.1120 level. The next major stop for the bulls might be $0.1150.<\/p>\n
More Downsides In DOGE?<\/h2>\n
If DOGE\u2019s price fails to recover above the $0.1065 level, it could continue to move down. Initial support on the downside is near the $0.1032 level. The next major support is near the $0.1020 level.<\/p>\n
The main support sits at $0.1000. If there is a downside break below the $0.1000 support, the price could decline further. In the stated case, the price might decline toward the $0.0900 level or even $0.0880 in the near term.<\/p>\n
Technical Indicators<\/p>\n
Hourly MACD \u2013 The MACD for DOGE\/USD is now losing momentum in the bullish zone.<\/p>\n
Hourly RSI (Relative Strength Index) \u2013 The RSI for DOGE\/USD is now below the 50 level.<\/p>\n
Major Support Levels \u2013 $0.1032 and $0.1000.<\/p>\n
Major Resistance Levels \u2013 $0.1065 and $0.1100.<\/p>\n","protected":false},"excerpt":{"rendered":"
Dogecoin started a fresh increase above the $0.1050 resistance against the US Dollar. DOGE is correcting gains and might find bids near the $0.1032 level. DOGE price is facing hurdles near the $0.1100 pivot zone. The price is trading near the $0.1040 level and the 100-hourly simple moving average. There is a key bullish trend line forming with support near $0.1032 on the hourly chart of the DOGE\/USD pair (data source from Kraken). The price could start a fresh increase above the $0.1065 resistance zone. Dogecoin Price Holds Key Support In the past few sessions, Dogecoin price saw a decent increase above $0.100 like Bitcoin and Ethereum. The price was able to clear the $0.1032 and $0.1050 resistance levels. The bulls even pushed it above $0.1080 and the 100-hourly simple moving average. A high was formed at $0.1090 and the price is now correcting gains. The price declined below the $0.1060 level. There was a drop below the 50% Fib retracement level of the upward move from the $0.1000 swing low to the $0.1090 high. Dogecoin is now trading near the $0.1040 level and the 100-hourly simple moving average. Besides, there is a key bullish trend line forming with support near $0.1032 on the hourly chart of the DOGE\/USD pair. The trend line is close to the 61.8% Fib retracement level of the upward move from the $0.1000 swing low to the $0.1090 high. Immediate resistance on the upside is near the $0.1065 level. The next major resistance is near the $0.1080 level. A close above the $0.1080 resistance might send the price toward the $0.1100 resistance. Any more gains might send the price toward the $0.1120 level. The next major stop for the bulls might be $0.1150. More Downsides In DOGE? If DOGE\u2019s price fails to recover above the $0.1065 level, it could continue to move down. Initial support on the downside is near the $0.1032 level. The next major support is near the $0.1020 level. The main support sits at $0.1000. If there is a downside break below the $0.1000 support, the price could decline further. In the stated case, the price might decline toward the $0.0900 level or even $0.0880 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 below the 50 level. Major Support Levels \u2013 $0.1032 and $0.1000. Major Resistance Levels \u2013 $0.1065 and $0.1100.<\/p>\n","protected":false},"author":67,"featured_media":635085,"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-635083","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 Price (DOGE) Set For Fresh Gains: Can It Surge Higher?<\/title>\n<meta name=\"description\" content=\"Dogecoin started a fresh increase above the $0.1050 resistance 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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