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DOGEUSD Dogecoin

0.40388
0.00189 (0.47%)
11:49:28 - Realtime Data
Name Symbol Market Market Cap ($) Algorithm
Dogecoin DOGEUSD Crypto 59,314,029,577 Scrypt
  Price Change Price Change % Current Price Bid Price Offer
  0.00189 0.47% 0.40388 0.40388 0.40389
High Price Low Price Open Price Prev. Close 52 Week Range
0.40727 0.39563 0.4017 0.40199 0.074194 - 0.484640
Exchange Last Trade Size Trade Price Currency
GDAX 11:49:29 189.30 0.40388 USD
Price x Volume Volume Base Symbol Related Pairs
46,404,483.26 115,745,065.06 DOGE DOGEEUR DOGEGBP DOGEBTC

Dogecoin (DOGE) Rally on Hold: Can Momentum Kick Back In?

17/12/2024 5:08am

NEWSBTC


Dogecoin started a downside correction below the $0.400 support against the US Dollar. DOGE is now consolidating and might aim for a fresh increase above $0.4050. DOGE price started a fresh decline below the $0.40 level. The price is trading below the $0.4050 level and the 100-hourly simple moving average. There is a connecting bullish trend line forming with support at $0.3950 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could start another rally if it clears the $0.4050 and $0.4150 resistance levels. Dogecoin Price Eyes Fresh Increase Dogecoin price started a fresh decline from well above $0.410 unlike Bitcoin and Ethereum. DOGE traded below the $0.4020 and $0.400 support levels. It even spiked below $0.3980. A low was formed at $0.3963 and the price is now consolidating losses. It recovered some points and climbed above $0.40. It surpassed the 23.6% Fib retracement level of the downward move from the $0.4136 swing high to the $0.3963 low. Dogecoin price is now trading below the $0.4050 level and the 100-hourly simple moving average. There is also a connecting bullish trend line forming with support at $0.3950 on the hourly chart of the DOGE/USD pair. Immediate resistance on the upside is near the $0.4025 level. The first major resistance for the bulls could be near the $0.4050 level. The next major resistance is near the $0.4095 level or the 76.4% Fib retracement level of the downward move from the $0.4136 swing high to the $0.3963 low. A close above the $0.4095 resistance might send the price toward the $0.4150 resistance. Any more gains might send the price toward the $0.4350 level. The next major stop for the bulls might be $0.4500. More Losses In DOGE? If DOGE’s price fails to climb above the $0.4050 level, it could start another decline. Initial support on the downside is near the $0.3980 level. The next major support is near the $0.3950 level. The main support sits at $0.3750. If there is a downside break below the $0.3750 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 below the 50 level. Major Support Levels – $0.3980 and $0.3750. Major Resistance Levels – $0.4050 and $0.4095.

1 Year Dogecoin Chart

1 Year Dogecoin Chart

1 Month Dogecoin Chart

1 Month Dogecoin Chart

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