{"id":27090,"date":"2023-07-21T04:53:29","date_gmt":"2023-07-21T08:53:29","guid":{"rendered":"http:\/\/cryptocornercafe.com\/cafe\/?p=27090"},"modified":"2023-07-21T04:53:29","modified_gmt":"2023-07-21T08:53:29","slug":"dogecoin-price-prediction-doge-seems-primed-for-rally-to-0-08","status":"publish","type":"post","link":"http:\/\/cryptocornercafe.com\/cafe\/2023\/07\/21\/dogecoin-price-prediction-doge-seems-primed-for-rally-to-0-08\/","title":{"rendered":"Dogecoin Price Prediction: DOGE Seems Primed For Rally To $0.08"},"content":{"rendered":"

Dogecoin is gaining bullish momentum above the $0.070 resistance against the US Dollar. DOGE could extend its rally toward the $0.080 resistance zone.<\/em><\/p>\n

DOGE is currently showing positive signs above $0.068 resistance against the US dollar.
\nThe price is trading well above the $0.070 zone and the 100 simple moving average (4 hours).
\nThere is a key bullish trend line forming with support near $0.070 on the 4-hours chart of the DOGE\/USD pair (data source from Kraken).
\nThe pair could start a fresh rally if it clears the $0.0732 resistance zone.<\/p>\n

Dogecoin Price Could Rally Over 10%<\/h2>\n

After a downside correction, Dogecoin\u2019s price found support near the $0.0680 zone. DOGE formed a base and recently started a fresh increase from $0.0675, outperforming Bitcoin<\/a> and Ethereum<\/a>.<\/p>\n

In the past two sessions, there were bullish moves above the $0.070 resistance zone. The price climbed above the 50% Fib retracement level of the downward move from the $0.0750 swing high to the $0.0670 low. DOGE is now trading well above the $0.070 zone and the 100 simple moving average (4 hours).<\/p>\n

There is also a key bullish trend line forming with support near $0.070 on the 4-hours chart of the DOGE\/USD pair. On the upside, the price is facing resistance near the $0.0732 level.<\/p>\n\n

Source: DOGEUSD on TradingView.com<\/a><\/p>\n

The 76.4% Fib retracement level of the downward move from the $0.0750 swing high to the $0.0670 low is also near the $0.0732 level. The first major resistance is near the $0.0750 level. A close above the $0.0750 resistance might send the price toward the $0.0780 resistance. The next major resistance is near $0.080. Any more gains might send the price toward the $0.082 level.<\/p>\n

Fresh Decline in DOGE?<\/h2>\n

If DOGE\u2019s price fails to gain pace above the $0.0732 level, it could start a downside correction. Initial support on the downside is near the $0.070 level and the trend line.<\/p>\n

The next major support is near the $0.0675 level. If there is a downside break below the $0.0675 support, the price could decline further. In the stated case, the price might decline toward the $0.0650 level.<\/p>\n

Technical Indicators<\/p>\n

4 Hours MACD \u2013 The MACD for DOGE\/USD is now gaining momentum in the bullish zone.<\/p>\n

4 Hours RSI (Relative Strength Index) \u2013 The RSI for DOGE\/USD is now above the 50 level.<\/p>\n

Major Support Levels \u2013 $0.070, $0.0675, and $0.0650.<\/p>\n

Major Resistance Levels \u2013 $0.0732, $0.0750, and $0.080.<\/p>","protected":false},"excerpt":{"rendered":"

<\/p>\n

Dogecoin is gaining bullish momentum above the $0.070 resistance against the US Dollar. DOGE could extend its rally toward the $0.080 resistance zone.<\/em><\/p>\n

DOGE is currently showing positive signs above $0.068 resistance against the US dollar.
\nThe price is trading well above the $0.070 zone and the 100 simple moving average (4 hours).
\nThere is a key bullish trend line forming with support near $0.070 on the 4-hours chart of the DOGE\/USD pair (data source from Kraken).
\nThe pair could start a fresh rally if it clears the $0.0732 resistance zone.<\/p>\n

Dogecoin Price Could Rally Over 10%<\/h2>\n

After a downside correction, Dogecoin\u2019s price found support near the $0.0680 zone. DOGE formed a base and recently started a fresh increase from $0.0675, outperforming Bitcoin<\/a> and Ethereum<\/a>.<\/p>\n

In the past two sessions, there were bullish moves above the $0.070 resistance zone. The price climbed above the 50% Fib retracement level of the downward move from the $0.0750 swing high to the $0.0670 low. DOGE is now trading well above the $0.070 zone and the 100 simple moving average (4 hours).<\/p>\n

There is also a key bullish trend line forming with support near $0.070 on the 4-hours chart of the DOGE\/USD pair. On the upside, the price is facing resistance near the $0.0732 level.<\/p>\n

Source: DOGEUSD on TradingView.com<\/a><\/p>\n

The 76.4% Fib retracement level of the downward move from the $0.0750 swing high to the $0.0670 low is also near the $0.0732 level. The first major resistance is near the $0.0750 level. A close above the $0.0750 resistance might send the price toward the $0.0780 resistance. The next major resistance is near $0.080. Any more gains might send the price toward the $0.082 level.<\/p>\n

Fresh Decline in DOGE?<\/h2>\n

If DOGE\u2019s price fails to gain pace above the $0.0732 level, it could start a downside correction. Initial support on the downside is near the $0.070 level and the trend line.<\/p>\n

The next major support is near the $0.0675 level. If there is a downside break below the $0.0675 support, the price could decline further. In the stated case, the price might decline toward the $0.0650 level.<\/p>\n

Technical Indicators<\/p>\n

4 Hours MACD \u2013 The MACD for DOGE\/USD is now gaining momentum in the bullish zone.<\/p>\n

4 Hours RSI (Relative Strength Index) \u2013 The RSI for DOGE\/USD is now above the 50 level.<\/p>\n

Major Support Levels \u2013 $0.070, $0.0675, and $0.0650.<\/p>\n

Major Resistance Levels \u2013 $0.0732, $0.0750, and $0.080.<\/p>\n

<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"colormag_page_layout":"default_layout","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[82],"tags":[],"class_list":["post-27090","post","type-post","status-publish","format-standard","hentry","category-blockchain"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/posts\/27090","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/comments?post=27090"}],"version-history":[{"count":0,"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/posts\/27090\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/media?parent=27090"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/categories?post=27090"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/tags?post=27090"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}