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BTCUSD Bitcoin

76,686.90

117.95 (0.15%)

23:54:12 - Realtime Data

Name	Symbol	Market	Market Cap ($)	Algorithm
Bitcoin	BTCUSD	Crypto	1,520,314,223,376	SHA-256d

	Price Change	Price Change %	Current Price	Bid Price	Offer
	117.95	0.15%	76,686.90	76,686.89	76,686.90

High Price	Low Price	Open Price	Prev. Close	52 Week Range
76,952.67	75,758.58	76,517.98	76,568.95	34,758.64 - 77,312.18

Exchange	Last Trade	Size	Trade Price	Currency
GDAX	23:54:12	0.00000013	76,686.90	USD

Price x Volume	Volume	Base Symbol	Related Pairs
459,474,429.91	6,011.48	BTC	BTCEUR	BTCGBP	ETHBTC

Dogecoin (DOGE) Leaps Higher: Can The Momentum Last?

07/10/2024 6:08am

NEWSBTC

Dogecoin is recovering losses from the $0.1020 zone against the US Dollar. DOGE is now showing positive signs and might clear the $0.1165 resistance. DOGE price started a fresh increase above the $0.1100 resistance level. The price is trading above the $0.1120 level and the 100-hourly simple moving average. There was a break above a major bearish trend line with resistance at $0.1100 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could gain bullish momentum if it clears the $0.1165 and $0.1180 resistance levels. Dogecoin Price Starts Recovery Dogecoin price declined toward the $0.100 support. DOGE traded as low as $0.1012 and recently started a fresh increase like Bitcoin and Ethereum. There was a move above the $0.1060 and $0.1080 resistance levels. The price surpassed the $0.1120 resistance level. There was a break above a major bearish trend line with resistance at $0.1100 on the hourly chart of the DOGE/USD pair. It traded above the 23.6% Fib retracement level of the downward wave from the $0.1320 swing high to the $0.1012 low. Dogecoin price is now trading above the $0.1120 level and the 100-hourly simple moving average. Immediate resistance on the upside is near the $0.1165 level. It is close to the 50% Fib retracement level of the downward wave from the $0.1320 swing high to the $0.1012 low. The next major resistance is near the $0.1180 level. A close above the $0.1180 resistance might send the price toward the $0.1240 resistance. Any more gains might send the price toward the $0.1265 level. The next major stop for the bulls might be $0.1320. Another Decline In DOGE? If DOGE’s price fails to climb above the $0.1165 level, it could start another decline. Initial support on the downside is near the $0.1120 level. The next major support is near the $0.1100 level. The main support sits at $0.1080. If there is a downside break below the $0.1080 support, the price could decline further. In the stated case, the price might decline toward the $0.1020 level or even $0.0980 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 – $0.1120 and $0.1080. Major Resistance Levels – $0.1165 and $0.1240.

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