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DOGEUSD Dogecoin

0.14415
0.00089 (0.62%)
11:19:32 - Realtime Data
Name Symbol Market Market Cap ($) Algorithm
Dogecoin DOGEUSD Crypto 20,727,198,117 Scrypt
  Price Change Price Change % Current Price Bid Price Offer
  0.00089 0.62% 0.14415 0.14407 0.14409
High Price Low Price Open Price Prev. Close 52 Week Range
0.1489 0.14334 0.14343 0.14326 0.055475 - 0.228990
Exchange Last Trade Size Trade Price Currency
GEMN 11:19:31 6.00 0.14413 USD
Price x Volume Volume Base Symbol Related Pairs
13,312,944.04 91,073,034.48 DOGE DOGEEUR DOGEGBP DOGEBTC

Dogecoin Price Holds Crucial Support But Can DOGE Clear This Hurdle?

21/03/2024 4:58am

NEWSBTC


Dogecoin is recovering higher from $0.1220 against the US Dollar. DOGE must clear the $0.1650 resistance to start another increase toward $0.200. DOGE declined heavily and tested the $0.1220 support against the US dollar. The price is trading below the $0.1650 level and the 100 simple moving average (4 hours). There was a break above a key bearish trend line with resistance at $0.1310 on the 4-hour chart of the DOGE/USD pair (data source from Kraken). The price could gain bullish momentum if it clears the $0.1600 and $0.1650 resistance levels. Dogecoin Price Recovers Over 15% After a strong decline, Dogecoin price found support near the $0.1220 zone. A low was formed at $0.1228 and DOGE recently started a decent recovery wave, like Bitcoin and Ethereum. There was a steady increase above the $0.1320 and $0.1350 resistance levels. The price cleared the 23.6% Fib retracement level of the downward move from the $0.1927 swing high to the $0.1228 low. There was also a break above a key bearish trend line with resistance at $0.1310 on the 4-hour chart of the DOGE/USD pair. Dogecoin is still trading below the $0.160 level and the 100 simple moving average (4 hours). On the upside, the price is facing resistance near the $0.1580 level or the 50% Fib retracement level of the downward move from the $0.1927 swing high to the $0.1228 low. Source: DOGEUSD on TradingView.com The next major resistance is near the $0.1650 level. A close above the $0.1650 resistance might send the price toward the $0.1850 resistance. The next major resistance is near $0.200. Any more gains might send the price toward the $0.220 level. Another Decline in DOGE? If DOGE’s price fails to gain pace above the $0.160 level, it could start another decline. Initial support on the downside is near the $0.1450 level. The next major support is near the $0.130 level. If there is a downside break below the $0.130 support, the price could decline further. In the stated case, the price might decline toward the $0.1150 level. Technical Indicators 4 Hours MACD – The MACD for DOGE/USD is now gaining 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 – $0.1450, $0.130 and $0.1150. Major Resistance Levels – $0.1580, $0.160, and $0.1650.

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1 Year Dogecoin Chart

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1 Month Dogecoin Chart

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