{"id":144420,"date":"2023-09-01T16:06:53","date_gmt":"2023-09-01T10:36:53","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=144420"},"modified":"2023-09-01T16:06:53","modified_gmt":"2023-09-01T10:36:53","slug":"dogecoin-price-doge-holds-strong-why-bulls-could-aim-rally-to-0-078-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/dogecoin-price-doge-holds-strong-why-bulls-could-aim-rally-to-0-078-crypto-news\/","title":{"rendered":"Dogecoin Price (DOGE) Holds Strong \u2013 Why Bulls Could Aim Rally To $0.078 &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div>\n<p><em>Dogecoin is showing positive signs above the $0.0642 level against the US Dollar. DOGE could continue to rise if it stays above the $0.0606 support.<\/em><\/p>\n<ul>\n<li>DOGE started a decent increase above the $0.0642 resistance against the US dollar.<\/li>\n<li>The price is trading above the $0.065 level and the 100 simple moving average (4 hours).<\/li>\n<li>There was a break above a key bearish trend line with resistance near $0.0630 on the 4-hour chart of the DOGE\/USD pair (data source from Kraken).<\/li>\n<li>The price could correct lower, but dips might be attractive near the $0.062 zone.<\/li>\n<\/ul>\n<h2>Dogecoin Price Starts Recovery<\/h2>\n<p>After a major decline, Dogecoin price found support near the $0.055 zone. DOGE traded as low as $0.0557 and started a fresh increase. There was a decent move above $0.0600 and the price settled above $0.0606.<\/p>\n<p>Recently, there was a strong increase in Dogecoin like <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.newsbtc.com\/analysis\/btc\/bitcoin-price-correction-28000\/\">Bitcoin<\/a> and <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.newsbtc.com\/analysis\/eth\/ethereum-rally-loses-steam-1750\/\">Ethereum<\/a>, and it was able to clear the $0.0620 resistance. The price climbed above the 50% Fib retracement level of the main decline from the $0.0772 swing high to the $0.0557 low.<\/p>\n<p>Besides, there was a break above a key bearish trend line with resistance near $0.0630 on the 4-hour chart of the DOGE\/USD pair. It is now trading above the $0.065 level and the 100 simple moving average (4 hours).<\/p>\n<p>On the upside, the price is facing resistance near the $0.0665 level. The first major resistance is near the $0.0690 level or the 61.8% Fib retracement level of the main decline from the $0.0772 swing high to the $0.0557 low.<\/p>\n<\/p>\n<p>\u00a0<\/p>\n<p>Source: <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.tradingview.com\/symbols\/DOGEUSD\/\">DOGEUSD on TradingView.com<\/a><\/p>\n<p>A close above the $0.0690 resistance might send the price toward the $0.0725 resistance. The next major resistance is near $0.0780. Any more gains might send the price toward the $0.080 level.<\/p>\n<h2>Are Dips Supported in DOGE?<\/h2>\n<p>If DOGE fails to gain pace above the $0.0690 level, it could start a downside correction. Initial support on the downside is near the $0.0642 level.<\/p>\n<p>The next major support is near the $0.0606 level. If there is a downside break below the $0.0606 support, the price could decline further. In the stated case, the price might decline toward the $0.055 level.<\/p>\n<p>Technical Indicators<\/p>\n<p>4 Hours MACD \u2013 The MACD for DOGE\/USD is now gaining momentum in the bullish zone.<\/p>\n<p>4 Hours RSI (Relative Strength Index) \u2013 The RSI for DOGE\/USD is now above the 50 level.<\/p>\n<p>Major Support Levels \u2013 $0.0642, $0.0625, and $0.0606.<\/p>\n<p>Major Resistance Levels \u2013 $0.0665, $0.0690, and $0.075.<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Dogecoin is showing positive signs above the $0.0642 level against the US Dollar. DOGE could continue to rise if it stays above the $0.0606 support. DOGE started a decent increase above the $0.0642 resistance against the US dollar. The price is trading above the $0.065 level and the 100 simple moving average (4 hours). There [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":144421,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[235,203,210,234,231,232,237,238,236,233],"class_list":["post-144420","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blockchain","tag-bitcoin","tag-crypto-currency","tag-elon-musk","tag-ethereum","tag-hyperledger","tag-ibm","tag-mining","tag-nodes","tag-spacex","tag-tesla"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/144420","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=144420"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/144420\/revisions"}],"predecessor-version":[{"id":144422,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/144420\/revisions\/144422"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/144421"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=144420"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=144420"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=144420"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}