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<ul> 
 <li>DOGE price shows a 0.75% increase, sparking optimism among investors.</li> 
 <li>Hourly chart reveals a fall after a false resistance breakout at $0.084.</li> 
 <li>Daily and weekly charts indicate potential bearish scenarios and bullish opportunities.</li> 
</ul> 
Dogecoin (DOGE) is making headlines once again with a 0.75% price increase since yesterday. This uptick in DOGE’s value has caught the attention of investors, sparking hope for potential gains in the <a href="https://cryptonewsland.com/massive-liquidity-approaching-crypto/">crypto market</a>. 
Taking a closer look at the hourly chart, DOGE faced a setback after a false breakout of the resistance level at $0.084. This trend indicates a possible consolidation or retracement in the short term. However, crypto enthusiasts are closely monitoring the situation, with the possibility of a significant move to the $0.081 zone on the horizon. 
A similar scenario unfolds on the daily chart, where DOGE’s fate hangs in the balance. If the daily candle closes near the $0.082 mark, bears may seize the initiative, potentially leading to a more substantial drop towards the $0.080 range by week’s end. This adds an element of uncertainty to DOGE’s short-term prospects. 
Looking at the midterm perspective, bullish sentiments remain intact as investors eye the weekly candle. A close above $0.084 could pave the way for further upward movement, possibly reaching the coveted $0.09 level. 
In conclusion, DOGE’s recent price movement reflects the ongoing dynamism in the crypto industry. While short-term challenges persist, the cryptocurrency’s ability to maintain investor optimism and its potential for growth keep it firmly in the spotlight. 
<h4 class="wp-block-heading" id="h-read-also">Read also:</h4> 
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 <li><a href="https://cryptonewsland.com/dogecoins-path-to-1-altcoins-resurge-amid-market-challenges/">Dogecoin’s Path to $1: Altcoins Resurge Amid Market Challenges</a></li>
 <li><a href="https://cryptonewsland.com/whats-next-with-dogecoin-can-doge-reach-0-8-in-2022/">What’s Next With Dogecoin? Can Doge Reach $0.8 in 2022?</a></li>
 <li><a href="https://cryptonewsland.com/how-did-doge-manage-a-1-08-increase-amidst-market-uncertainty/">How Did DOGE Manage a 1.08% Increase Amidst Market Uncertainty?</a></li>
 <li><a href="https://cryptonewsland.com/doges-price-analysis-july-forecasts-0-70-rally-dont-miss-the-crypto-wave/">DOGE’s Price Analysis: July Forecasts $0.70 Rally, Don’t Miss the Crypto Wave</a></li>
 <li><a href="https://cryptonewsland.com/whats-driving-doges-7-5-growth-and-social-media-frenzy/">What’s Driving DOGE’s 7.5% Growth and Social Media Frenzy?</a></li>
</ul> 
The post <a href="https://cryptonewsland.com/whats-driving-doges-midterm-bullish-sentiments-and-the-quest-for-0-09/">What’s Driving DOGE’s Midterm Bullish Sentiments and the Quest for $0.09?</a> appeared first on <a href="https://cryptonewsland.com">Crypto News Land</a>.

What’s Driving DOGE’s Midterm Bullish Sentiments and the Quest for $0.09?

Crypto News Land

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