Dogecoin (DOGE) Finds Its Footing: Bulls Regain Traction

Name	Symbol	Market	Market Cap ($)	Algorithm
Dogecoin	DOGEUSD	Crypto	53,801,307,008	Scrypt

Name

Symbol

Market

Market Cap ($)

Algorithm

Dogecoin

DOGEUSD

Crypto

53,801,307,008

Scrypt

	Price Change	Price Change %	Current Price	Bid Price	Offer
	0.01249	3.51%	0.36797	0.36797	0.36801

Price Change

Price Change %

Current Price

Bid Price

Offer

0.01249

3.51%

0.36797

0.36801

High Price	Low Price	Open Price	Prev. Close	52 Week Range
0.36973	0.34809	0.35498	0.35544	0.074740 - 0.484640

High Price

Low Price

Open Price

Prev. Close

52 Week Range

0.36973

0.34809

0.35498

0.35544

0.074740 - 0.484640

Exchange	Last Trade	Size	Trade Price	Currency
GDAX	15:06:00	641.00	0.36797	USD

Exchange

Last Trade

Size

Trade Price

Currency

GDAX

15:06:00

641.00

0.36797

USD

Price x Volume	Volume	Base Symbol	Related Pairs
106,808,570.64	296,422,316.35	DOGE	DOGEEUR	DOGEGBP	DOGEBTC

Price x Volume

Volume

Base Symbol

Related Pairs

106,808,570.64

296,422,316.35

Dogecoin (DOGE) Finds Its Footing: Bulls Regain Traction

15/01/2025 5:08am

NEWSBTC

Dogecoin started a fresh increase above the $0.350 zone against the US Dollar. DOGE is now consolidating and might climb further if it clears the $0.3650 resistance. DOGE price started a fresh increase above $0.3420 and $0.350. The price is trading above the $0.350 level and the 100-hourly simple moving average. There was a break above a connecting bearish trend line with resistance at $0.3350 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could continue to rise if it clears the $0.3650 and $0.3720 resistance levels. Dogecoin Price Rises Steadily Dogecoin price started a fresh increase after it cleared the $0.320 resistance zone, like Bitcoin and Ethereum. DOGE was able to clear the $0.3420 and $0.350 resistance levels. Besides, there was a break above a connecting bearish trend line with resistance at $0.3350 on the hourly chart of the DOGE/USD pair. The pair surpassed the 76.4% Fib retracement level of the downward move from the $0.3478 swing high to the $0.3096 low. Dogecoin price is now trading above the $0.350 level and the 100-hourly simple moving average. It is also above the 1.236 Fib extension level of the downward move from the $0.3478 swing high to the $0.3096 low. Immediate resistance on the upside is near the $0.3650 level. The first major resistance for the bulls could be near the $0.3720 level. The next major resistance is near the $0.380 level. A close above the $0.380 resistance might send the price toward the $0.3920 resistance. Any more gains might send the price toward the $0.40 level. The next major stop for the bulls might be $0.420. Another Decline In DOGE? If DOGE’s price fails to climb above the $0.3650 level, it could start another decline. Initial support on the downside is near the $0.3550 level. The next major support is near the $0.3460 level. The main support sits at $0.3380. If there is a downside break below the $0.3380 support, the price could decline further. In the stated case, the price might decline toward the $0.3120 level or even $0.3080 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 – $0.3550 and $0.3460. Major Resistance Levels – $0.3650 and $0.3800.

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DOGEUSD Dogecoin