Dogecoin price analysis: DOGE surges toward $0.07698 as bullish impetus rebounds.

TL;DR Breakdown

• Dogecoin price analysis shows a bullish trend
• Resistance for DOGE is present at $0.07876
• Support for DOGE/USD is present at $0.0732

Dogecoin price analysis 1-day chart

The upper limit of Bollinger’s band is present at $0.0837, which serves as a resistance point for DOGE. Conversely, the lower limit of Bollinger’s band is currently at $0.0648, which serves as another support point for DOGE. The moving average convergence and divergence (MACD) indicator is also in the bullish zone, indicating that the momentum is strong. The RSI indicator is currently at 36.58 and indicates that the coin is in overbought territory.

DOGE/USD 4-hour price chart: Latest development

The 4-hour Dogecoin price analysis also shows that the coin is trading within a strong uptrend. The bulls are pushing the price higher, while the bears are trying to keep it in check. The resistance level is at $0.07876, while the support level is at $0.0732. The overall trend of the coin is bullish, and it appears that the bulls are in control.

The technical indicators also suggest that the bulls are firmly in control. The moving average convergence and divergence (MACD)) is in the bullish zone and indicates that there is strong buying pressure in the market. The RSI is also above 50, indicating that the coin is neither overbought nor oversold. The Bollinger Band upper limit is $0.0790, acting as the strongest resistance point for DOGE. The lower limit of Bollinger’s band, on the other hand, is at $0.0678, representing the strongest DOGE support

Dogecoin price analysis conclusion

Overall, it appears that Dogecoin is in a strong uptrend, and the bulls are likely to push it even higher. The technical indicators also suggest that the coin is in a strong bullish trend, and the buyers are firmly in control. Investors should keep an eye on the key support and resistance levels to get a better understanding of the current market sentiment.

Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.