{"id":27518,"date":"2023-07-31T05:52:50","date_gmt":"2023-07-31T09:52:50","guid":{"rendered":"https:\/\/cryptocornercafe.com\/cafe\/?p=27518"},"modified":"2023-07-31T05:52:50","modified_gmt":"2023-07-31T09:52:50","slug":"dogecoin-price-doge-breaking-this-resistance-could-spark-fresh-surge","status":"publish","type":"post","link":"http:\/\/cryptocornercafe.com\/cafe\/2023\/07\/31\/dogecoin-price-doge-breaking-this-resistance-could-spark-fresh-surge\/","title":{"rendered":"Dogecoin Price (DOGE) Breaking This Resistance Could Spark Fresh Surge"},"content":{"rendered":"

Dogecoin is showing positive signs above the $0.075 resistance against the US Dollar. DOGE could extend its rally if it breaks the $0.0835 resistance zone.<\/em><\/p>\n

DOGE is currently trading in a bullish zone above $0.075 resistance against the US dollar.
\nThe price is trading well above the $0.0765 zone and the 100 simple moving average (4 hours).
\nThere is a major bullish trend line forming with support near $0.0760 on the 4-hours chart of the DOGE\/USD pair (data source from Kraken).
\nThe price could start another increase if it clears $0.0820 and $0.0835.<\/p>\n

Dogecoin Price Remains In Uptrend<\/h2>\n

In the last Dogecoin price prediction, we discussed how DOGE rallied over 10%. The price extended its increase above the $0.0820 resistance, outperforming Bitcoin<\/a> and Ethereum<\/a>.<\/p>\n

Finally, it tested the $0.0840 zone. A high was formed near $0.0837 and recently there was a downside correction. There was a minor decline below the $0.080 level. The price traded below the 23.6% Fib retracement level of the upward move from the $0.0695 swing low to the $0.0837 high.<\/p>\n

However, the bulls were active near the $0.0765 support. DOGE is trading well above the $0.0765 zone and the 100 simple moving average (4 hours). There is also a major bullish trend line forming with support near $0.0760 on the 4-hours chart of the DOGE\/USD pair.<\/p>\n\n

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

On the upside, the price is facing resistance near the $0.080 level. The first major resistance is near the $0.082 level. A close above the $0.082 resistance might send the price toward the $0.0835 resistance. The next major resistance is near $0.0855. Any more gains might send the price toward the $0.088 level.<\/p>\n

Are Dips Limited in DOGE?<\/h2>\n

If DOGE\u2019s price fails to gain pace above the $0.0820 level, it could continue to move down. Initial support on the downside is near the $0.0765 level.<\/p>\n

The next major support is near the $0.0760 level and the trend line. If there is a downside break below the $0.0760 support, the price could decline further. In the stated case, the price might decline toward the $0.070 level.<\/p>\n

Technical Indicators<\/p>\n

4 Hours MACD \u2013 The MACD for DOGE\/USD is now losing 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 $0.0765, $0.0760, and $0.072.<\/p>\n

Major Resistance Levels \u2013 $0.080, $0.082, and $0.0835.<\/p>","protected":false},"excerpt":{"rendered":"

<\/p>\n

Dogecoin is showing positive signs above the $0.075 resistance against the US Dollar. DOGE could extend its rally if it breaks the $0.0835 resistance zone.<\/em><\/p>\n

DOGE is currently trading in a bullish zone above $0.075 resistance against the US dollar.
\nThe price is trading well above the $0.0765 zone and the 100 simple moving average (4 hours).
\nThere is a major bullish trend line forming with support near $0.0760 on the 4-hours chart of the DOGE\/USD pair (data source from Kraken).
\nThe price could start another increase if it clears $0.0820 and $0.0835.<\/p>\n

Dogecoin Price Remains In Uptrend<\/h2>\n

In the last Dogecoin price prediction, we discussed how DOGE rallied over 10%. The price extended its increase above the $0.0820 resistance, outperforming Bitcoin<\/a> and Ethereum<\/a>.<\/p>\n

Finally, it tested the $0.0840 zone. A high was formed near $0.0837 and recently there was a downside correction. There was a minor decline below the $0.080 level. The price traded below the 23.6% Fib retracement level of the upward move from the $0.0695 swing low to the $0.0837 high.<\/p>\n

However, the bulls were active near the $0.0765 support. DOGE is trading well above the $0.0765 zone and the 100 simple moving average (4 hours). There is also a major bullish trend line forming with support near $0.0760 on the 4-hours chart of the DOGE\/USD pair.<\/p>\n

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

On the upside, the price is facing resistance near the $0.080 level. The first major resistance is near the $0.082 level. A close above the $0.082 resistance might send the price toward the $0.0835 resistance. The next major resistance is near $0.0855. Any more gains might send the price toward the $0.088 level.<\/p>\n

Are Dips Limited in DOGE?<\/h2>\n

If DOGE\u2019s price fails to gain pace above the $0.0820 level, it could continue to move down. Initial support on the downside is near the $0.0765 level.<\/p>\n

The next major support is near the $0.0760 level and the trend line. If there is a downside break below the $0.0760 support, the price could decline further. In the stated case, the price might decline toward the $0.070 level.<\/p>\n

Technical Indicators<\/p>\n

4 Hours MACD \u2013 The MACD for DOGE\/USD is now losing 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 $0.0765, $0.0760, and $0.072.<\/p>\n

Major Resistance Levels \u2013 $0.080, $0.082, and $0.0835.<\/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-27518","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\/27518","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=27518"}],"version-history":[{"count":0,"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/posts\/27518\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/media?parent=27518"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/categories?post=27518"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/tags?post=27518"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}