{"id":2436,"date":"2024-06-06T04:48:42","date_gmt":"2024-06-06T04:48:42","guid":{"rendered":"https:\/\/cryptd.in\/dogecoin-holds-strong-support-doge-primed-for-a-major-move-higher\/"},"modified":"2024-06-06T04:48:42","modified_gmt":"2024-06-06T04:48:42","slug":"dogecoin-holds-strong-support-doge-primed-for-a-major-move-higher","status":"publish","type":"post","link":"https:\/\/cryptd.in\/ja\/dogecoin-holds-strong-support-doge-primed-for-a-major-move-higher\/","title":{"rendered":"Dogecoin Holds Strong Support: DOGE Primed for a Major Move Higher!"},"content":{"rendered":"

Dogecoin is moving higher above the $0.160 resistance zone against the US Dollar. DOGE is holding gains and might aim for a move above $0.1650.<\/em><\/p>\n

DOGE price is moving higher above the $0.160 resistance zone.
\nThe price is trading above the $0.160 level and the 100-hourly simple moving average.
\nThere is a key bullish trend line forming with support near $0.160 on the hourly chart of the DOGE\/USD pair (data source from Kraken).
\nThe price must settle above $0.1650 to gain bullish momentum and continue higher.<\/p>\n

Dogecoin Price Holds Support<\/h2>\n

In the past few sessions, Dogecoin price started a steady increase above the $0.1500 zone, like \u30d3\u30c3\u30c8\u30b3\u30a4\u30f3<\/a> \u305d\u3057\u3066 \u30a4\u30fc\u30b5\u30ea\u30a2\u30e0<\/a>. DOGE bulls were able to push the price above the $0.160 resistance zone.<\/p>\n

The recent swing high was formed at $0.1646 before the price started a downside correction There was a drop below the $0.1620 support zone. The price spiked below the 23.6% Fib retracement level of the upward move from the $0.1571 swing low to the $0.1646 high.<\/p>\n

Dogecoin is now trading above the $0.160 level and the 100-hourly simple moving average. There is also a key bullish trend line forming with support near $0.160 on the hourly chart of the DOGE\/USD pair.<\/p>\n

<\/a><\/p>\n

On the upside, the price is facing resistance near the $0.1640 level. The next major resistance is near the $0.1650 level. A close above the $0.1650 resistance might send the price toward the $0.1720 resistance. Any more gains might send the price toward the $0.1750 level. The next major stop for the bulls might be $0.1800.<\/p>\n

Downside Correction In DOGE?<\/h2>\n

If DOGE\u2019s price fails to gain pace above the $0.1650 level, it could start another decline. Initial support on the downside is near the $0.160 level and the trend line. It is close to the 50% Fib retracement level of the upward move from the $0.1571 swing low to the $0.1646 high.<\/p>\n

The next major support is near the $0.1580 level. If there is a downside break below the $0.1580 support, the price could decline further. In the stated case, the price might decline toward the $0.1520 level.<\/p>\n

\u30c6\u30af\u30cb\u30ab\u30eb\u6307\u6a19<\/p>\n

Hourly MACD \u2013 The MACD for DOGE\/USD is now losing momentum in the bullish zone.<\/p>\n

Hourly RSI (Relative Strength Index) \u2013 The RSI for DOGE\/USD is now above the 50 level.<\/p>\n

Major Support Levels \u2013 $0.1620, $0.1600 and $0.1580.<\/p>\n

Major Resistance Levels \u2013 $0.1640, $0.1650, and $0.1720.<\/p>","protected":false},"excerpt":{"rendered":"

Dogecoin is moving higher above the $0.160 resistance zone against the US Dollar. DOGE is holding gains and might aim for a move above $0.1650. DOGE price is moving higher above the $0.160 resistance zone. The price is trading above the $0.160 level and the 100-hourly simple moving average. There is a key bullish trend line forming with support near $0.160 on the hourly chart of the DOGE\/USD pair (data source from Kraken). The price must settle above $0.1650 to gain bullish momentum and continue higher. Dogecoin Price Holds Support In the past few sessions, Dogecoin price started a steady increase above the $0.1500 zone, like Bitcoin and Ethereum. DOGE […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-2436","post","type-post","status-publish","format-standard","hentry","category-feeds"],"yoast_head":"\nDogecoin Holds Strong Support: DOGE Primed for a Major Move Higher! - 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\/ja\/dogecoin-holds-strong-support-doge-primed-for-a-major-move-higher\/\" \/>\n<meta property=\"og:locale\" content=\"ja_JP\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Dogecoin Holds Strong Support: DOGE Primed for a Major Move Higher! - cryptd.in\" \/>\n<meta property=\"og:description\" content=\"Dogecoin is moving higher above the $0.160 resistance zone against the US Dollar. DOGE is holding gains and might aim for a move above $0.1650. DOGE price is moving higher above the $0.160 resistance zone. The price is trading above the $0.160 level and the 100-hourly simple moving average. There is a key bullish trend line forming with support near $0.160 on the hourly chart of the DOGE\/USD pair (data source from Kraken). The price must settle above $0.1650 to gain bullish momentum and continue higher. Dogecoin Price Holds Support In the past few sessions, Dogecoin price started a steady increase above the $0.1500 zone, like Bitcoin and Ethereum. 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DOGE is holding gains and might aim for a move above $0.1650. DOGE price is moving higher above the $0.160 resistance zone. The price is trading above the $0.160 level and the 100-hourly simple moving average. There is a key bullish trend line forming with support near $0.160 on the hourly chart of the DOGE\/USD pair (data source from Kraken). The price must settle above $0.1650 to gain bullish momentum and continue higher. Dogecoin Price Holds Support In the past few sessions, Dogecoin price started a steady increase above the $0.1500 zone, like Bitcoin and Ethereum. 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