Dogecoin (DOGE) Bulls Flex Strength: Momentum Builds for Next Move

Name	Symbol	Market	Market Cap ($)	Algorithm
Ethereum	ETHUSD	Crypto	401,467,821,294	Not Mineable

Name

Symbol

Market

Market Cap ($)

Algorithm

Ethereum

ETHUSD

Crypto

401,467,821,294

Not Mineable

	Price Change	Price Change %	Current Price	Bid Price	Offer
	-44.18	-1.31%	3,336.84	3,336.83	3,337.02

Price Change

Price Change %

Current Price

Bid Price

Offer

-44.18

-1.31%

3,336.84

3,336.83

3,337.02

High Price	Low Price	Open Price	Prev. Close	52 Week Range
3,414.59	3,306.31	3,383.18	3,381.02	2,112.00 - 4,109.67

High Price

Low Price

Open Price

Prev. Close

52 Week Range

3,414.59

3,306.31

3,383.18

3,381.02

2,112.00 - 4,109.67

Exchange	Last Trade	Size	Trade Price	Currency
GDAX	16:18:32	0.000150	3,336.84	USD

Exchange

Last Trade

Size

Trade Price

Currency

GDAX

16:18:32

0.000150

3,336.84

USD

Price x Volume	Volume	Base Symbol	Related Pairs
231,983,433.49	69,056.55	ETH	ETHEUR	ETHGBP	ETHBTC

Price x Volume

Volume

Base Symbol

Related Pairs

231,983,433.49

69,056.55

Dogecoin (DOGE) Bulls Flex Strength: Momentum Builds for Next Move

06/01/2025 7:08am

NEWSBTC

Dogecoin started a fresh increase above the $0.350 zone against the US Dollar. DOGE is now consolidating and might gain traction if it clears the $0.3880 resistance. DOGE price started a fresh increase above $0.350 and $0.3650. The price is trading above the $0.370 level and the 100-hourly simple moving average. There was a break above a connecting bearish trend line with resistance at $0.3825 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could gain momentum if it clears the $0.3880 and $0.3920 resistance levels. Dogecoin Price Holds Support Dogecoin price started a fresh increase from the $0.3120 support, like Bitcoin and Ethereum. DOGE was able to surpass the $0.3350 resistance and $0.350. It even cleared the $0.3880 level before there was a downside correction. A low was formed at $0.3750 and the price is now rising. There was a move above the $0.380 resistance. Besides, there was a break above a connecting bearish trend line with resistance at $0.3825 on the hourly chart of the DOGE/USD pair. The pair climbed above the 50% Fib retracement level of the downward move from the $0.3986 swing high to the $0.3750 low. Dogecoin price is now trading above the $0.380 level and the 100-hourly simple moving average. Immediate resistance on the upside is near the $0.3880 level or the 61.8% Fib retracement level of the downward move from the $0.3986 swing high to the $0.3750 low. The first major resistance for the bulls could be near the $0.3920 level. The next major resistance is near the $0.40 level. A close above the $0.40 resistance might send the price toward the $0.420 resistance. Any more gains might send the price toward the $0.4380 level. The next major stop for the bulls might be $0.450. Another Decline In DOGE? If DOGE’s price fails to climb above the $0.3880 level, it could start another decline. Initial support on the downside is near the $0.380 level. The next major support is near the $0.3750 level. The main support sits at $0.3650. If there is a downside break below the $0.3650 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 above the 50 level. Major Support Levels – $0.380 and $0.3750. Major Resistance Levels – $0.3880 and $0.3920.

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