Dogecoin Price (DOGE) Prediction – Bulls Face Uphill Task Near $0.064

Name	Symbol	Market	Market Cap ($)	Algorithm
Dogecoin	DOGEUSD	Crypto	47,864,641,308	Scrypt

Name

Symbol

Market

Market Cap ($)

Algorithm

Dogecoin

DOGEUSD

Crypto

47,864,641,308

Scrypt

	Price Change	Price Change %	Current Price	Bid Price	Offer
	-0.01128	-3.36%	0.32453	0.32452	0.32453

Price Change

Price Change %

Current Price

Bid Price

Offer

-0.01128

-3.36%

0.32453

0.32452

0.32453

High Price	Low Price	Open Price	Prev. Close	52 Week Range
0.34589	0.31008	0.3366	0.33581	0.074740 - 0.484640

High Price

Low Price

Open Price

Prev. Close

52 Week Range

0.34589

0.31008

0.3366

0.33581

0.074740 - 0.484640

Exchange	Last Trade	Size	Trade Price	Currency
GDAX	15:56:24	0.100000	0.32451	USD

Exchange

Last Trade

Size

Trade Price

Currency

GDAX

15:56:24

0.100000

0.32451

USD

Price x Volume	Volume	Base Symbol	Related Pairs
105,034,018.27	323,599,108.86	DOGE	DOGEEUR	DOGEGBP	DOGEBTC

Price x Volume

Volume

Base Symbol

Related Pairs

105,034,018.27

323,599,108.86

Dogecoin Price (DOGE) Prediction – Bulls Face Uphill Task Near $0.064

20/09/2023 5:23am

NEWSBTC

Dogecoin is recovering higher from the $0.060 level against the US Dollar. DOGE could continue to rise if it clears the $0.0640 resistance zone. DOGE started a decent increase above the $0.0615 resistance against the US dollar. The price is trading above the $0.062 level and the 100 simple moving average (4 hours). There is a key rising channel forming with resistance near $0.0640 on the 4-hour chart of the DOGE/USD pair (data source from Kraken). The price could struggle to clear the $0.0638 and $0.0640 resistance levels. Dogecoin Price Starts Recovery After a major decline, Dogecoin price found support near the $0.0595 zone. DOGE traded as low as $0.0591 and recently started a recovery wave. There was a decent move above $0.0600 and the price settled above $0.0612. Recently, Bitcoin saw a steady increase above $27,000 and helped altcoins in recovery. Dogecoin is also showing a few positive signs and was able to clear the $0.062 resistance. There was a move above the 23.6% Fib retracement level of the downward move from the $0.0685 swing high to the $0.0591 low. DOGE is now trading above the $0.062 level and the 100 simple moving average (4 hours). On the upside, the price is facing resistance near the $0.0638 level. It is close to the 50% Fib retracement level of the downward move from the $0.0685 swing high to the $0.0591 low. The first major resistance is near the $0.0640 level. Besides, there is a key rising channel forming with resistance near $0.0640 on the 4-hour chart of the DOGE/USD pair. Source: DOGEUSD on TradingView.com A close above the $0.0620 resistance might send the price toward the $0.0670 resistance. The next major resistance is near $0.0685. Any more gains might send the price toward the $0.072 level. Are Dips Supported in DOGE? If DOGE’s price fails to gain pace above the $0.0640 level, it could start a downside correction. Initial support on the downside is near the $0.0620 level. The next major support is near the $0.060 level. If there is a downside break below the $0.060 support, the price could decline further. In the stated case, the price might decline toward the $0.0565 level. Technical Indicators 4 Hours MACD – The MACD for DOGE/USD is now losing momentum in the bullish zone. 4 Hours RSI (Relative Strength Index) – The RSI for DOGE/USD is now above the 50 level. Major Support Levels – $0.0620, $0.0600, and $0.0565. Major Resistance Levels – $0.0638, $0.0640, and $0.0685.

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DOGEUSD Dogecoin