{"id":12433,"date":"2024-12-05T05:08:06","date_gmt":"2024-12-05T05:08:06","guid":{"rendered":"https:\/\/cryptd.in\/dogecoin-doge-bounces-back-is-a-new-rally-brewing\/"},"modified":"2024-12-05T05:08:06","modified_gmt":"2024-12-05T05:08:06","slug":"dogecoin-doge-bounces-back-is-a-new-rally-brewing","status":"publish","type":"post","link":"https:\/\/cryptd.in\/es\/dogecoin-doge-bounces-back-is-a-new-rally-brewing\/","title":{"rendered":"Dogecoin (DOGE) Bounces Back: Is a New Rally Brewing?"},"content":{"rendered":"<p><em>Dogecoin is gaining pace above the $0.4250 support against the US Dollar. DOGE is trading in a bullish zone and might soon surpass the $0.4650 resistance.<\/em><\/p>\n<ul>\n<li>DOGE price started a fresh increase above the $0.420 level.<\/li>\n<li>The price is trading above the $0.4250 level and the 100-hourly simple moving average.<\/li>\n<li>There was a break above a key bearish trend line with resistance at $0.4150 on the hourly chart of the DOGE\/USD pair (data source from Kraken).<\/li>\n<li>The price could start another rally if it clears the $0.450 and $0.4650 resistance levels.<\/li>\n<\/ul>\n<h2>Dogecoin Price Regains Momentum<\/h2>\n<p>Dogecoin price started a fresh increase above $0.410 like <a href=\"https:\/\/www.newsbtc.com\/analysis\/btc\/bitcoin-price-soars-to-100k\/\" target=\"_blank\" rel=\"noopener \">Bitcoin<\/a> y <a href=\"https:\/\/www.newsbtc.com\/analysis\/eth\/ethereum-price-rockets-up-4000\/\" target=\"_blank\" rel=\"noopener \">Ethereum<\/a>. DOGE traded above the $0.4200 and $0.4250 resistance levels.<\/p>\n<p>There was a break above a key bearish trend line with resistance at $0.4150 on the hourly chart of the DOGE\/USD pair. The bulls even pushed the price above the 50% Fib retracement level of the downward move from the $0.4637 swing high to the $0.3878 low.<\/p>\n<p>Dogecoin price is now trading above the $0.420 level and the 100-hourly simple moving average. Immediate resistance on the upside is near the $0.4450 level. It is near the 76.4% Fib retracement level of the downward move from the $0.4637 swing high to the $0.3878 low.<\/p>\n<p><a href=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2024\/12\/Doegcoin-DOGE_d636e9.png\"><img decoding=\"async\" data-recalc-dims=\"1\" class=\"size-full wp-image-657635\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2024\/12\/Doegcoin-DOGE_d636e9.png?resize=1024%2C478\" alt=\"Dogecoin Price\" width=\"1024\" height=\"478\" loading=\"lazy\" \/><\/a><\/p>\n<p>The first major resistance for the bulls could be near the $0.450 level. The next major resistance is near the $0.4650 level. A close above the $0.4650 resistance might send the price toward the $0.4750 resistance. Any more gains might send the price toward the $0.5000 level. The next major stop for the bulls might be $0.5200.<\/p>\n<h2>Downside Correction In DOGE?<\/h2>\n<p>If DOGE\u2019s price fails to climb above the $0.4450 level, it could start another decline. Initial support on the downside is near the $0.4250 level. The next major support is near the $0.4120 level.<\/p>\n<p>The main support sits at $0.400. If there is a downside break below the $0.400 support, the price could decline further. In the stated case, the price might decline toward the $0.3880 level or even $0.3750 in the near term.<\/p>\n<p>Indicadores t\u00e9cnicos<\/p>\n<p>Hourly MACD \u2013 The MACD for DOGE\/USD is now gaining momentum in the bullish zone.<\/p>\n<p>Hourly RSI (Relative Strength Index) \u2013 The RSI for DOGE\/USD is now above the 50 level.<\/p>\n<p>Major Support Levels \u2013 $0.4250 and $0.4120.<\/p>\n<p>Major Resistance Levels \u2013 $0.4450 and $0.4650.<\/p>","protected":false},"excerpt":{"rendered":"<p>Dogecoin is gaining pace above the $0.4250 support against the US Dollar. DOGE is trading in a bullish zone and might soon surpass the $0.4650 resistance. DOGE price started a fresh increase above the $0.420 level. The price is trading above the $0.4250 level and the 100-hourly simple moving average. There was a break above [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":12435,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-12433","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-feeds"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Dogecoin (DOGE) Bounces Back: Is a New Rally Brewing? - cryptd.in<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptd.in\/es\/dogecoin-doge-bounces-back-is-a-new-rally-brewing\/\" \/>\n<meta property=\"og:locale\" content=\"es_ES\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Dogecoin (DOGE) Bounces Back: Is a New Rally Brewing? - cryptd.in\" \/>\n<meta property=\"og:description\" content=\"Dogecoin is gaining pace above the $0.4250 support against the US Dollar. DOGE is trading in a bullish zone and might soon surpass the $0.4650 resistance. DOGE price started a fresh increase above the $0.420 level. The price is trading above the $0.4250 level and the 100-hourly simple moving average. 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DOGE is trading in a bullish zone and might soon surpass the $0.4650 resistance. DOGE price started a fresh increase above the $0.420 level. The price is trading above the $0.4250 level and the 100-hourly simple moving average. 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