Dogecoin (DOGE) Sets Sights on $0.150: Will The Rally Take Off?
21 Ottobre 2024 - 7:08AM
NEWSBTC
Dogecoin is rising above the $0.1350 resistance zone against the US
Dollar. DOGE is now showing positive signs and might clear the
$0.1450 resistance. DOGE price started a fresh increase above the
$0.1320 resistance level. The price is trading above the $0.1350
level and the 100-hourly simple moving average. There is a key
bullish trend line forming with support at $0.1420 on the hourly
chart of the DOGE/USD pair (data source from Kraken). The price
could gain bullish momentum if it clears the $0.1450 and $0.1465
resistance levels. Dogecoin Price Eyes More Upsides Dogecoin price
started a fresh increase above the $0.1200 resistance zone. DOGE
gained traction for a move above the $0.1320 resistance zone,
beating Bitcoin and Ethereum. There was also a move above the
$0.1350 and $0.1400 resistance levels. The price traded as high as
$0.1467 and recently saw a minor downside correction. The price
dipped below the $0.1420 level. It traded below the 23.6% Fib
retracement level of the upward move from the $0.1206 swing low to
the $0.1467 high. However, the bulls are active above the $0.1350
level. There is also a key bullish trend line forming with support
at $0.1420 on the hourly chart of the DOGE/USD pair. Dogecoin price
is now trading above the $0.1320 level and the 100-hourly simple
moving average. Immediate resistance on the upside is near the
$0.1465 level. The next major resistance is near the $0.1480 level.
A close above the $0.1480 resistance might send the price toward
the $0.1520 resistance. Any more gains might send the price toward
the $0.1550 level. The next major stop for the bulls might be
$0.1585. Are Dips Supported In DOGE? If DOGE’s price fails to climb
above the $0.1465 level, it could start another decline. Initial
support on the downside is near the $0.1420 level. The next major
support is near the $0.1400 level. The main support sits at $0.1335
or the 50% Fib retracement level of the upward move from the
$0.1206 swing low to the $0.1467 high. If there is a downside break
below the $0.1335 support, the price could decline further. In the
stated case, the price might decline toward the $0.1250 level or
even $0.1220 in the near term. Technical Indicators Hourly MACD –
The MACD for DOGE/USD is now gaining momentum in the bullish zone.
Hourly RSI (Relative Strength Index) – The RSI for DOGE/USD is now
above the 50 level. Major Support Levels – $0.1465 and $0.1500.
Major Resistance Levels – $0.1420 and $0.1335.
Grafico Azioni Ethereum (COIN:ETHUSD)
Storico
Da Set 2024 a Ott 2024
Grafico Azioni Ethereum (COIN:ETHUSD)
Storico
Da Ott 2023 a Ott 2024