Shiba

Pepe

Dogecoin

<div class="watcher-guru">
 <p>One of the most popular meme coins in the industry, Dogecoin (DOGE), appears as though its price may be poised to break above the $0.06 point. Indeed, the asset seems to be fighting back after a downward fall earlier this month. Subsequently, its quick turnaround has left hope for continued upward momentum.</p>
 <p>From July 25th to October 9th, Dogecoin noted a decrease in its price. Just four days later, the price had seen an upward trajectory that garnered some enthusiasm from investors in the asset. Now, the meme coin could reach a critical level as its charts have shown a bearish pattern.</p>
 <figure class="wp-block-image size-large"><img decoding="async" width="1024" height="535" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" alt="Dogecoin (DOGE) Price Prediction: September 2023" class="wp-image-99397 ewww_webp" sizes="(max-width: 1024px) 100vw, 1024px" data-src-img="https://cdn.thebittimes.com/images/2023/10/19/0024db0563694a97d80634819ada68b3.webp" data-src-webp="https://cdn.thebittimes.com/images/2023/10/19/0024db0563694a97d80634819ada68b3.webp.webp" data-srcset-webp="https://cdn.thebittimes.com/images/2023/10/19/0024db0563694a97d80634819ada68b3.webp.webp 1024w, https://cdn.thebittimes.com/images/2023/10/19/0024db0563694a97d80634819ada68b3.webp.webp 300w, https://cdn.thebittimes.com/images/2023/10/19/0024db0563694a97d80634819ada68b3.webp.webp 768w, https://cdn.thebittimes.com/images/2023/10/19/0024db0563694a97d80634819ada68b3.webp.webp 380w, https://cdn.thebittimes.com/images/2023/10/19/0024db0563694a97d80634819ada68b3.webp.webp 550w, https://cdn.thebittimes.com/images/2023/10/19/0024db0563694a97d80634819ada68b3.webp.webp 800w, https://cdn.thebittimes.com/images/2023/10/19/0024db0563694a97d80634819ada68b3.webp.webp 1160w, https://cdn.thebittimes.com/images/2023/10/19/0024db0563694a97d80634819ada68b3.webp.webp 1200w" data-srcset-img="https://cdn.thebittimes.com/images/2023/10/19/0024db0563694a97d80634819ada68b3.webp 1024w, https://cdn.thebittimes.com/images/2023/10/19/0024db0563694a97d80634819ada68b3.webp 300w, https://cdn.thebittimes.com/images/2023/10/19/0024db0563694a97d80634819ada68b3.webp 768w, https://cdn.thebittimes.com/images/2023/10/19/0024db0563694a97d80634819ada68b3.webp 380w, https://cdn.thebittimes.com/images/2023/10/19/0024db0563694a97d80634819ada68b3.webp 550w, https://cdn.thebittimes.com/images/2023/10/19/0024db0563694a97d80634819ada68b3.webp 800w, https://cdn.thebittimes.com/images/2023/10/19/0024db0563694a97d80634819ada68b3.webp 1160w, https://cdn.thebittimes.com/images/2023/10/19/0024db0563694a97d80634819ada68b3.webp 1200w" data-eio="j">
  <noscript><img decoding="async" width="1024" height="535" src="https://cdn.thebittimes.com/images/2023/10/19/0024db0563694a97d80634819ada68b3.webp" alt="Dogecoin (DOGE) Price Prediction: September 2023" class="wp-image-99397" srcset="https://cdn.thebittimes.com/images/2023/10/19/0024db0563694a97d80634819ada68b3.webp 1024w, https://cdn.thebittimes.com/images/2023/10/19/0024db0563694a97d80634819ada68b3.webp 300w, https://cdn.thebittimes.com/images/2023/10/19/0024db0563694a97d80634819ada68b3.webp 768w, https://cdn.thebittimes.com/images/2023/10/19/0024db0563694a97d80634819ada68b3.webp 380w, https://cdn.thebittimes.com/images/2023/10/19/0024db0563694a97d80634819ada68b3.webp 550w, https://cdn.thebittimes.com/images/2023/10/19/0024db0563694a97d80634819ada68b3.webp 800w, https://cdn.thebittimes.com/images/2023/10/19/0024db0563694a97d80634819ada68b3.webp 1160w, https://cdn.thebittimes.com/images/2023/10/19/0024db0563694a97d80634819ada68b3.webp 1200w" sizes="(max-width: 1024px) 100vw, 1024px">
  </noscript>
  <figcaption class="wp-element-caption">
   Source: NewsBTC
  </figcaption>
 </figure>
 <p><strong>Also Read: 59% of <a rel="noopener noreferrer nofollow" title="Dogecoin" href="https://thebittimes.com/tag/dogecoin.html">Dogecoin</a> (DOGE) Holders Are Now in Loss</strong></p>
 <div class="quads-location quads-ad33739 " id="quads-ad33739" style="float:none;margin:0px 3px 3px 3px;padding:0px 0px 0px 0px;">
  <div class="publift-ad add">
   <div data-fuse="22560828227"></div>
  </div>
 </div>
 <h2 class="wp-block-heading" id="h-dogecoin-doge-could-reclaim-key-level-in-move-upward">Dogecoin (DOGE) Could Reclaim Key Level in Move Upward</h2>
 <p>Technical observation of <a rel="noopener noreferrer nofollow" title="Dogecoin" href="https://thebittimes.com/tag/dogecoin.html">Dogecoin</a> has shown that DOGE has been firmly situated above $0.06 since June. Subsequently, the price has displayed a descending resistance trend. Those two facets combined have developed a descending trial pattern. Therefore, give some bearish observatory displays to investors.</p>
 <p>Subsequently, expectations have begun to arise that <a rel="noopener noreferrer nofollow" title="Dogecoin" href="https://thebittimes.com/tag/dogecoin.html">Dogecoin</a> (DOGE) could be poised to break through the $0.6 price point. Specifically, it would have followed a massive breakdown that occurred in October. Then, it fell below the support level but didn’t stay there long. The short-lived downturn was met with a reversing price trend just days later.</p>
 <div class="quads-location quads-ad15192 " id="quads-ad15192" style="float:none;margin:0px 3px 3px 3px;padding:0px 0px 0px 0px;">
  <div id="primisContainer" class="add"></div>
 </div>
 <figure class="wp-block-image size-large"><img decoding="async" width="1024" height="538" src="https://cdn.thebittimes.com/images/2023/10/19/2801402b407a623eb3150f829640672d.webp" alt class="wp-image-116416" srcset="https://cdn.thebittimes.com/images/2023/10/19/2801402b407a623eb3150f829640672d.webp 1024w, https://cdn.thebittimes.com/images/2023/10/19/2801402b407a623eb3150f829640672d.webp 300w, https://cdn.thebittimes.com/images/2023/10/19/2801402b407a623eb3150f829640672d.webp 768w, https://cdn.thebittimes.com/images/2023/10/19/2801402b407a623eb3150f829640672d.webp 1536w, https://cdn.thebittimes.com/images/2023/10/19/2801402b407a623eb3150f829640672d.webp 380w, https://cdn.thebittimes.com/images/2023/10/19/2801402b407a623eb3150f829640672d.webp 550w, https://cdn.thebittimes.com/images/2023/10/19/2801402b407a623eb3150f829640672d.webp 800w, https://cdn.thebittimes.com/images/2023/10/19/2801402b407a623eb3150f829640672d.webp 1160w, https://cdn.thebittimes.com/images/2023/10/19/2801402b407a623eb3150f829640672d.webp 1556w" sizes="(max-width: 1024px) 100vw, 1024px">
  <figcaption class="wp-element-caption">
   Source: TradingView
  </figcaption>
 </figure>
 <p><strong>Also Read: Why <a rel="noopener noreferrer nofollow" title="Dogecoin" href="https://thebittimes.com/tag/dogecoin.html">Dogecoin</a>, Shiba Inu, and Pepe Are Crashing in 2023</strong></p>
 <p><a rel="noopener noreferrer nofollow" title="Dogecoin" href="https://thebittimes.com/tag/dogecoin.html">Dogecoin</a> is currently in the $0.60 horizontal area with the descending resistance trendline in tow. Moreover, that line had been firmly in place for 85 days, until now. The Relative Strength Index (RSI), which is a momentum marker for investors, is bullish.</p>
 <p>The RSI is currently above 50 with an upward trajectory that is aligned with bullish predictions. Alternatively, the RSI stance and the failure of DOGE to reclaim its price have left some uncertainty in the near term. However, two things could happen that could confirm an upward trend.</p>
 <p>Firstly, the asset must hit a daily close that is above that descending resistance trendline. Then, both the $0.060 and the RSI have to rise above the 50 indicators. If that takes place, DOGE could see its price jump by as much as 20%, catapulting toward the $0.070 resistance level.</p>
 <div class="quads-location quads-ad33742 " id="quads-ad33742" style="float:none;margin:0px 3px 3px 3px;padding:0px 0px 0px 0px;">
  <div class="publift-ad add">
   <div data-fuse="22560828233"></div>
  </div>
 </div>
 <p></p>
</div>
<div class="cs-entry__tags">
 <ul>
  <li>Dogecoin</li>
 </ul>
</div>
<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/dogecoin-doge-price-poised-to-break-above-0-06-tbt66998.html">https://thebittimes.com/dogecoin-doge-price-poised-to-break-above-0-06-tbt66998.html</a></p>

Dogecoin (DOGE) Price Poised to Break Above $0.06?

Table of Contents

TheBitTimes

Other articles published on Oct 19, 2023

Scroll, the zkEVM Layer-2 Solution, Announces Mainnet Launch

ALTAVA 3.0: The Next Evolution of Digital Fashion

Charity in biotech connected to Vitalik Buterin Kanro gives a donation of $15 million.

As Loom Network (LOOM) Targets $0.5, Focus Shifts to VC Spectra (SPCT) Approaching the Stage 4 of...

Artificial Intelligence- A Technological Wonder, Simplified

Explosive Growth in Ethereum Liquid Staking Derivatives Finance (LSDFi) Ecosystem

Join our free newsletter for daily crypto updates!