{"id":35592,"date":"2024-01-30T06:52:36","date_gmt":"2024-01-30T10:52:36","guid":{"rendered":"http:\/\/cryptocornercafe.com\/cafe\/?p=35592"},"modified":"2024-01-30T06:52:36","modified_gmt":"2024-01-30T10:52:36","slug":"dogecoin-price-prediction-doge-bulls-aim-for-fresh-rally-to-0-095","status":"publish","type":"post","link":"http:\/\/cryptocornercafe.com\/cafe\/2024\/01\/30\/dogecoin-price-prediction-doge-bulls-aim-for-fresh-rally-to-0-095\/","title":{"rendered":"Dogecoin Price Prediction \u2013 DOGE Bulls Aim For Fresh Rally To $0.095"},"content":{"rendered":"

Dogecoin is finding bids above the $0.0750 zone against the US Dollar. DOGE could gain bullish momentum if it clears the $0.0820 resistance zone.<\/em><\/p>\n

DOGE is showing positive signs above the $0.080 zone against the US dollar.
\nThe price is trading above the $0.0795 level and the 100 simple moving average (4 hours).
\nThere is a key rising channel forming with support at $0.0795 on the 4-hour chart of the DOGE\/USD pair (data source from Kraken).
\nThe price could start a recovery wave if it clears $0.0820 and $0.0850.<\/p>\n

Dogecoin Price Eyes Fresh Surge<\/h2>\n

In the past few sessions, Dogecoin price remained well-bid above the $0.0750 zone. DOGE formed a base and recently started a recovery wave above $0.0780, like Bitcoin<\/a> and Ethereum<\/a>.<\/p>\n

There was a decent move above the 23.6% Fib retracement level of the downward move from the $0.0924 swing high to the $0.0760 low. DOGE is now trading above the $0.080 level and the 100 simple moving average (4 hours). There is also a key rising channel forming with support at $0.0795 on the 4-hour chart of the DOGE\/USD pair.<\/p>\n

On the upside, the price is facing resistance near the $0.0820 level. The next major resistance is near the $0.0842 level. It is close to the 50% Fib retracement level of the downward move from the $0.0924 swing high to the $0.0760 low.<\/p>\n

<\/a><\/p>\n

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

A close above the $0.0845 resistance might send the price toward the $0.090 resistance. The next major resistance is near $0.095. Any more gains might send the price toward the $0.105 level.<\/p>\n

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

If DOGE\u2019s price fails to gain pace above the $0.0845 level, it could start a fresh decline. Initial support on the downside is near the $0.0780 level.<\/p>\n

The next major support is near the $0.0765 level. If there is a downside break below the $0.0765 support, the price could decline further. In the stated case, the price might decline toward the $0.0720 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 $0.078, $0.0765, and $0.0750.<\/p>\n

Major Resistance Levels \u2013 $0.0820, $0.0845, and $0.0920.<\/p>","protected":false},"excerpt":{"rendered":"

<\/p>\n

Dogecoin is finding bids above the $0.0750 zone against the US Dollar. DOGE could gain bullish momentum if it clears the $0.0820 resistance zone.<\/em><\/p>\n

DOGE is showing positive signs above the $0.080 zone against the US dollar.
\nThe price is trading above the $0.0795 level and the 100 simple moving average (4 hours).
\nThere is a key rising channel forming with support at $0.0795 on the 4-hour chart of the DOGE\/USD pair (data source from Kraken).
\nThe price could start a recovery wave if it clears $0.0820 and $0.0850.<\/p>\n

Dogecoin Price Eyes Fresh Surge<\/h2>\n

In the past few sessions, Dogecoin price remained well-bid above the $0.0750 zone. DOGE formed a base and recently started a recovery wave above $0.0780, like Bitcoin<\/a> and Ethereum<\/a>.<\/p>\n

There was a decent move above the 23.6% Fib retracement level of the downward move from the $0.0924 swing high to the $0.0760 low. DOGE is now trading above the $0.080 level and the 100 simple moving average (4 hours). There is also a key rising channel forming with support at $0.0795 on the 4-hour chart of the DOGE\/USD pair.<\/p>\n

On the upside, the price is facing resistance near the $0.0820 level. The next major resistance is near the $0.0842 level. It is close to the 50% Fib retracement level of the downward move from the $0.0924 swing high to the $0.0760 low.<\/p>\n

<\/a><\/p>\n

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

A close above the $0.0845 resistance might send the price toward the $0.090 resistance. The next major resistance is near $0.095. Any more gains might send the price toward the $0.105 level.<\/p>\n

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

If DOGE\u2019s price fails to gain pace above the $0.0845 level, it could start a fresh decline. Initial support on the downside is near the $0.0780 level.<\/p>\n

The next major support is near the $0.0765 level. If there is a downside break below the $0.0765 support, the price could decline further. In the stated case, the price might decline toward the $0.0720 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 $0.078, $0.0765, and $0.0750.<\/p>\n

Major Resistance Levels \u2013 $0.0820, $0.0845, and $0.0920.<\/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-35592","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\/35592","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=35592"}],"version-history":[{"count":1,"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/posts\/35592\/revisions"}],"predecessor-version":[{"id":35599,"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/posts\/35592\/revisions\/35599"}],"wp:attachment":[{"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/media?parent=35592"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/categories?post=35592"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/tags?post=35592"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}