Dogecoin (DOGE) Eyes Big Break: $0.50 Within Reach

Name	Symbol	Market	Market Cap ($)	Algorithm
Dogecoin	DOGEUSD	Crypto	60,066,894,102	Scrypt

Name

Symbol

Market

Market Cap ($)

Algorithm

Dogecoin

DOGEUSD

Crypto

60,066,894,102

Scrypt

	Price Change	Price Change %	Current Price	Bid Price	Offer
	-0.025	-5.69%	0.41456	0.41461	0.41463

Price Change

Price Change %

Current Price

Bid Price

Offer

-0.025

-5.69%

0.41456

0.41461

0.41463

High Price	Low Price	Open Price	Prev. Close	52 Week Range
0.46395	0.40041	0.43977	0.43956	0.074194 - 0.480780

High Price

Low Price

Open Price

Prev. Close

52 Week Range

0.46395

0.40041

0.43977

0.43956

0.074194 - 0.480780

Exchange	Last Trade	Size	Trade Price	Currency
GDAX	09:57:10	129.20	0.41456	USD

Exchange

Last Trade

Size

Trade Price

Currency

GDAX

09:57:10

129.20

0.41456

USD

Price x Volume	Volume	Base Symbol	Related Pairs
253,380,954.06	576,410,480.84	DOGE	DOGEEUR	DOGEGBP	DOGEBTC

Price x Volume

Volume

Base Symbol

Related Pairs

253,380,954.06

576,410,480.84

Dogecoin (DOGE) Eyes Big Break: $0.50 Within Reach

02/12/2024 5:08am

NEWSBTC

Dogecoin is gaining pace above the $0.4250 support against the US Dollar. DOGE is trading in a bullish zone and might soon surpass the $0.50 resistance. DOGE price started a fresh increase above the $0.440 level. The price is trading above the $0.4350 level and the 100-hourly simple moving average. There is a key bullish trend line forming with support at $0.430 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could start another increase if it clears the $0.4600 and $0.4640 resistance levels. Dogecoin Price Regains Momentum Dogecoin price started a fresh increase above $0.4150 like Bitcoin and Ethereum. DOGE traded above the $0.4250 and $0.4400 resistance levels. The price is up over 5% and the recent high was formed at $0.4637. The price is now consolidating gains below the $0.450 level. There was a minor decline toward the $0.4450 and $0.4400 levels and the 23.6% Fib retracement level of the upward move from the $0.3646 swing low to the $0.4637 high. Dogecoin price is now trading above the $0.430 level and the 100-hourly simple moving average. There is also a key bullish trend line forming with support at $0.430 on the hourly chart of the DOGE/USD pair. Immediate resistance on the upside is near the $0.4550 level. The first major resistance for the bulls could be near the $0.46400 level. The next major resistance is near the $0.4720 level. A close above the $0.4720 resistance might send the price toward the $0.4880 resistance. Any more gains might send the price toward the $0.5000 level. The next major stop for the bulls might be $0.5200. Downside Correction In DOGE? If DOGE’s price fails to climb above the $0.4500 level, it could start another decline. Initial support on the downside is near the $0.4400 level. The next major support is near the $0.430 level and the trend line. The main support sits at $0.4150. If there is a downside break below the $0.4150 support, the price could decline further. In the stated case, the price might decline toward the $0.4000 level or even $0.3800 in the near term. Technical Indicators Hourly MACD – The MACD for DOGE/USD is now gaining momentum in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for DOGE/USD is now above the 50 level. Major Support Levels – $0.4400 and $0.4300. Major Resistance Levels – $0.4500 and $0.4640.

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	Real-time Prices	Level 2
London Stock Exchange
Chi-X Europe
BATS Europe
Aquis Exchange
New York Stock Exchange
NASDAQ
American Stock Exchange
Dow Jones Indices
Precious Metal

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DOGEUSD Dogecoin