Dogecoin (DOGE) Bulls Flex Strength: Momentum Builds for Next Move

Name	Symbol	Market	Market Cap ($)	Algorithm
Bitcoin	BTCUSD	Crypto	1,679,395,279,029	SHA-256d

Name

Symbol

Market

Market Cap ($)

Algorithm

Bitcoin

BTCUSD

Crypto

1,679,395,279,029

SHA-256d

	Price Change	Price Change %	Current Price	Bid Price	Offer
	575.44	0.68%	84,706.70	84,706.69	84,706.70

Price Change

Price Change %

Current Price

Bid Price

Offer

575.44

0.68%

84,706.70

84,706.69

84,706.70

High Price	Low Price	Open Price	Prev. Close	52 Week Range
84,809.72	84,141.47	84,213.37	84,131.26	49,050.01 - 109,356.00

High Price

Low Price

Open Price

Prev. Close

52 Week Range

84,809.72

84,141.47

84,213.37

84,131.26

49,050.01 - 109,356.00

Exchange	Last Trade	Size	Trade Price	Currency
GDAX	04:54:15	0.00000041	84,706.70	USD

Exchange

Last Trade

Size

Trade Price

Currency

GDAX

04:54:15

0.00000041

84,706.70

USD

Price x Volume	Volume	Base Symbol	Related Pairs
84,898,405.30	1,004.60	BTC	BTCEUR	BTCGBP	ETHBTC

Price x Volume

Volume

Base Symbol

Related Pairs

84,898,405.30

1,004.60

Dogecoin (DOGE) Bulls Flex Strength: Momentum Builds for Next Move

06/01/2025 7:08am

NEWSBTC

Dogecoin started a fresh increase above the $0.350 zone against the US Dollar. DOGE is now consolidating and might gain traction if it clears the $0.3880 resistance. DOGE price started a fresh increase above $0.350 and $0.3650. The price is trading above the $0.370 level and the 100-hourly simple moving average. There was a break above a connecting bearish trend line with resistance at $0.3825 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could gain momentum if it clears the $0.3880 and $0.3920 resistance levels. Dogecoin Price Holds Support Dogecoin price started a fresh increase from the $0.3120 support, like Bitcoin and Ethereum. DOGE was able to surpass the $0.3350 resistance and $0.350. It even cleared the $0.3880 level before there was a downside correction. A low was formed at $0.3750 and the price is now rising. There was a move above the $0.380 resistance. Besides, there was a break above a connecting bearish trend line with resistance at $0.3825 on the hourly chart of the DOGE/USD pair. The pair climbed above the 50% Fib retracement level of the downward move from the $0.3986 swing high to the $0.3750 low. Dogecoin price is now trading above the $0.380 level and the 100-hourly simple moving average. Immediate resistance on the upside is near the $0.3880 level or the 61.8% Fib retracement level of the downward move from the $0.3986 swing high to the $0.3750 low. The first major resistance for the bulls could be near the $0.3920 level. The next major resistance is near the $0.40 level. A close above the $0.40 resistance might send the price toward the $0.420 resistance. Any more gains might send the price toward the $0.4380 level. The next major stop for the bulls might be $0.450. Another Decline In DOGE? If DOGE’s price fails to climb above the $0.3880 level, it could start another decline. Initial support on the downside is near the $0.380 level. The next major support is near the $0.3750 level. The main support sits at $0.3650. If there is a downside break below the $0.3650 support, the price could decline further. In the stated case, the price might decline toward the $0.350 level or even $0.3420 in the near term. Technical Indicators Hourly MACD – The MACD for DOGE/USD is now losing momentum in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for DOGE/USD is now above the 50 level. Major Support Levels – $0.380 and $0.3750. Major Resistance Levels – $0.3880 and $0.3920.

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