Dogecoin (DOGE) Clears Key Resistance; Here Is Why $0.1 Is On The Cards

Name	Symbol	Market	Market Cap ($)	Algorithm
Uniswap	UNIUSD	Crypto	5,351,743,336	Not Mineable

Name

Symbol

Market

Market Cap ($)

Algorithm

Uniswap

UNIUSD

Crypto

5,351,743,336

Not Mineable

	Price Change	Price Change %	Current Price	Bid Price	Offer
	-0.570	-7.41%	7.12	7.11	7.12

Price Change

Price Change %

Current Price

Bid Price

Offer

-0.570

-7.41%

7.12

7.11

7.12

High Price	Low Price	Open Price	Prev. Close	52 Week Range
7.92	7.00	7.67	7.69	3.59 - 17.03

High Price

Low Price

Open Price

Prev. Close

52 Week Range

7.92

7.00

7.67

7.69

3.59 - 17.03

Exchange	Last Trade	Size	Trade Price	Currency
GDAX	19:01:31	40.71	7.12	USD

Exchange

Last Trade

Size

Trade Price

Currency

GDAX

19:01:31

40.71

7.12

USD

Price x Volume	Volume	Base Symbol	Related Pairs
3,638,793.90	494,691.66	UNI	UNIEUR	UNIGBP	UNIBTC

Price x Volume

Volume

Base Symbol

Related Pairs

3,638,793.90

494,691.66

Dogecoin (DOGE) Clears Key Resistance; Here Is Why $0.1 Is On The Cards

28/10/2022 9:04pm

NEWSBTC

DOGE’s price shows strength as it bounces from a downtrend range as price rallied to a high of $0.085 with eyes set on $0.1. DOGE could rally more if the price breaks and closes above $0.1 with good volume, as the price of DOGE looks bullish now. DOGE’s price remains strong on the daily timeframe above the 50 and 200 Exponential Moving Averages (EMA) as the price aims for more rallies. The price of Dogecoin (DOGE) has been one of the standout performers during the past few days, gaining the attention of many traders with the news of Elon Musk finalizing the ownership of Twitter becoming an increasingly fundamental to propel the price of Dogecoin (DOGE) to $0.1. The past few days have seen the crypto market has looked more decent, with the likes of Bitcoin (BTC) and Ethereum (ETH) showing some great price movement in recent times. DOGE’s price rallied from $0.05 to a region of $0.085 as the price aims to take the market by its horn. (Data from Binance) Related Reading: Ethereum Price Corrects But This Level Could Trigger Fresh Increase Dogecoin (DOGE) Price Analysis On The Weekly Chart. In recent times, Dogecoin has struggled to regain its bullish momentum as the price has had a more quiet time ranging in a weekly low of $0.05; despite the uncertainty that has befallen the crypto space, the price of DOGE held its ground as price defended its key support area of $0.05. DOGE’s price had struggled to replicate its rally that took the price of DOGE to an all-time high of $0.75 before it faced rejection to trend higher. After trading in a range for weeks as the price continued to look difficult to trade due to little to no volume to push the price higher as the price continued to look stagnated, the price of DOGE finally showed some movement with the positive news of Elon Musk taking over Twitter as this has become a catalyst for price movement. Weekly resistance for the price of DOGE – $0.1. Weekly support for the price of DOGE – $0.0.068. Price Analysis Of DOGE On The Daily (1D) Chart In the daily timeframe, the price of DOGE continues to show a more bullish scenario as the price rallied to a high of $0.85 before facing resistance to the trend to a region of $0.1. The price of DOGE needs to break and hold above $0.87 for the price to trend higher to a region of $0.1, which is a key supply zone for most traders. If the price of DOGE fails to break and hold above this level we could see the price retesting the region of $0.075-$0.07 Daily resistance for the DOGE price – $1. Daily support for the DOGE price – $0.75-$0.07 Related Reading: Uniswap Price Breaks Past The $7 Mark After Forming This Pattern Featured Image From zipmex, Charts From Tradingview

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