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BTCUSD Bitcoin

88,385.09

1,039.11 (1.19%)

15:10:06 - Realtime Data

Name	Symbol	Market	Market Cap ($)	Algorithm
Bitcoin	BTCUSD	Crypto	1,761,855,091,080	SHA-256d

	Price Change	Price Change %	Current Price	Bid Price	Offer
	1,039.11	1.19%	88,385.09	88,381.22	88,385.09

High Price	Low Price	Open Price	Prev. Close	52 Week Range
90,702.12	87,100.83	87,526.76	87,345.98	35,358.45 - 93,495.00

Exchange	Last Trade	Size	Trade Price	Currency
GDAX	15:10:06	0.000072	88,385.09	USD

Price x Volume	Volume	Base Symbol	Related Pairs
910,295,918.83	10,252.44	BTC	BTCEUR	BTCGBP	ETHBTC

Dogecoin (DOGE) Bulls Aim to Clear $0.10: Will It Happen?

09/09/2024 5:58am

NEWSBTC

Dogecoin started a recovery wave from the $0.0888 zone against the US Dollar. DOGE is rising and might even clear the $0.100 resistance zone. DOGE price is aiming for a fresh increase above $0.100. The price is trading above the $0.0950 level and the 100-hourly simple moving average. There was a break above a connecting bearish trend line with resistance at $0.0955 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could gain bullish momentum if it clears the $0.0980 and $0.100 levels. Dogecoin Price Eyes Sustained Gains After a major decline, Dogecoin price found support near the $0.0888 zone. The price formed a base and recently started a recovery wave like Bitcoin and Ethereum. There was a move above the $0.0920 and $0.0935 resistance levels. The price cleared the 50% Fib retracement level of the downward move from the $0.0994 swing high to the $0.0889 low. There was also a break above a connecting bearish trend line with resistance at $0.0955 on the hourly chart of the DOGE/USD pair. Dogecoin price is now trading above the $0.0950 level and the 100-hourly simple moving average. Immediate resistance on the upside is near the $0.0970 level or the 76.4% Fib retracement level of the downward move from the $0.0994 swing high to the $0.0889 low. The next major resistance is near the $0.0995 level. A close above the $0.0995 resistance might send the price toward the $0.1050 resistance. Any more gains might send the price toward the $0.1150 level. The next major stop for the bulls might be $0.1200. Another Decline In DOGE? If DOGE’s price fails to climb above the $0.0995 level, it could start another decline. Initial support on the downside is near the $0.0938 level. The next major support is near the $0.0900 level. The main support sits at $0.0880. If there is a downside break below the $0.0880 support, the price could decline further. In the stated case, the price might decline toward the $0.0850 level or even $0.0835 in the near term. Technical Indicators Hourly MACD – The MACD for DOGE/USD is now gaining momentum in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for DOGE/USD is now above the 50 level. Major Support Levels – $0.0938 and $0.0900. Major Resistance Levels – $0.0995 and $0.1050.

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