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{"id":649008,"date":"2024-10-21T05:08:39","date_gmt":"2024-10-21T05:08:39","guid":{"rendered":"https:\/\/www.wncen.com\/?p=649008"},"modified":"2024-10-21T03:43:37","modified_gmt":"2024-10-21T03:43:37","slug":"dogecoin-doge-sets-sights-on-0-150","status":"publish","type":"post","link":"https:\/\/www.wncen.com\/analysis\/doge\/dogecoin-doge-sets-sights-on-0-150\/","title":{"rendered":"Dogecoin (DOGE) Sets Sights on $0.150: Will The Rally Take Off?"},"content":{"rendered":"

Dogecoin is rising above the $0.1350 resistance zone against the US Dollar. DOGE is now showing positive signs and might clear the $0.1450 resistance.<\/em><\/p>\n

\n
DOGE price started a fresh increase above the $0.1320 resistance level.<\/li>\n
The price is trading above the $0.1350 level and the 100-hourly simple moving average.<\/li>\n
There is a key bullish trend line forming with support at $0.1420 on the hourly chart of the DOGE\/USD pair (data source from Kraken).<\/li>\n
The price could gain bullish momentum if it clears the $0.1450 and $0.1465 resistance levels.<\/li>\n<\/ul>\n
Dogecoin Price Eyes More Upsides<\/h2>\n
Dogecoin price started a fresh increase above the $0.1200 resistance zone. DOGE gained traction for a move above the $0.1320 resistance zone, beating Bitcoin<\/a> and Ethereum<\/a>. There was also a move above the $0.1350 and $0.1400 resistance levels.<\/p>\n
The price traded as high as $0.1467 and recently saw a minor downside correction. The price dipped below the $0.1420 level. It traded below the 23.6% Fib retracement level of the upward move from the $0.1206 swing low to the $0.1467 high.<\/p>\n
However, the bulls are active above the $0.1350 level. There is also a key bullish trend line forming with support at $0.1420 on the hourly chart of the DOGE\/USD pair. Dogecoin price is now trading above the $0.1320 level and the 100-hourly simple moving average. Immediate resistance on the upside is near the $0.1465 level. The next major resistance is near the $0.1480 level.<\/p>\n
$\"Dogecoin$ <\/a>
Source: DOGEUSD on TradingView.com<\/a><\/figcaption><\/figure>\n
A close above the $0.1480 resistance might send the price toward the $0.1520 resistance. Any more gains might send the price toward the $0.1550 level. The next major stop for the bulls might be $0.1585.<\/p>\n
Are Dips Supported In DOGE?<\/h2>\n
If DOGE\u2019s price fails to climb above the $0.1465 level, it could start another decline. Initial support on the downside is near the $0.1420 level. The next major support is near the $0.1400 level.<\/p>\n
The main support sits at $0.1335 or the 50% Fib retracement level of the upward move from the $0.1206 swing low to the $0.1467 high. If there is a downside break below the $0.1335 support, the price could decline further. In the stated case, the price might decline toward the $0.1250 level or even $0.1220 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 $0.1465 and $0.1500.<\/p>\n
Major Resistance Levels \u2013 $0.1420 and $0.1335.<\/p>\n","protected":false},"excerpt":{"rendered":"
Dogecoin is rising above the $0.1350 resistance zone against the US Dollar. DOGE is now showing positive signs and might clear the $0.1450 resistance. DOGE price started a fresh increase above the $0.1320 resistance level. The price is trading above the $0.1350 level and the 100-hourly simple moving average. There is a key bullish trend line forming with support at $0.1420 on the hourly chart of the DOGE\/USD pair (data source from Kraken). The price could gain bullish momentum if it clears the $0.1450 and $0.1465 resistance levels. Dogecoin Price Eyes More Upsides Dogecoin price started a fresh increase above the $0.1200 resistance zone. DOGE gained traction for a move above the $0.1320 resistance zone, beating Bitcoin and Ethereum. There was also a move above the $0.1350 and $0.1400 resistance levels. The price traded as high as $0.1467 and recently saw a minor downside correction. The price dipped below the $0.1420 level. It traded below the 23.6% Fib retracement level of the upward move from the $0.1206 swing low to the $0.1467 high. However, the bulls are active above the $0.1350 level. There is also a key bullish trend line forming with support at $0.1420 on the hourly chart of the DOGE\/USD pair. Dogecoin price is now trading above the $0.1320 level and the 100-hourly simple moving average. Immediate resistance on the upside is near the $0.1465 level. The next major resistance is near the $0.1480 level. A close above the $0.1480 resistance might send the price toward the $0.1520 resistance. Any more gains might send the price toward the $0.1550 level. The next major stop for the bulls might be $0.1585. Are Dips Supported In DOGE? If DOGE\u2019s price fails to climb above the $0.1465 level, it could start another decline. Initial support on the downside is near the $0.1420 level. The next major support is near the $0.1400 level. The main support sits at $0.1335 or the 50% Fib retracement level of the upward move from the $0.1206 swing low to the $0.1467 high. If there is a downside break below the $0.1335 support, the price could decline further. In the stated case, the price might decline toward the $0.1250 level or even $0.1220 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 $0.1465 and $0.1500. Major Resistance Levels \u2013 $0.1420 and $0.1335.<\/p>\n","protected":false},"author":67,"featured_media":608506,"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-649008","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) Sets Sights on $0.150: Will The Rally Take Off?<\/title>\n<meta name=\"description\" content=\"Dogecoin is rising above the $0.1350 resistance zone against the US Dollar. 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