Dogecoin

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   Dec 11, 2023 at 05:31 // Price 
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   <div class="avatar" style="background-image:url(/upload/resize_cache/iblock/42a/60_60_1/42aa5ec847dba7f5a2bce5378ae70614.png)"></div> <span>Author<br>Coin Idol </span> 
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 <p><strong>﻿﻿The DOGE/USD pair is likely to reach highs of $0.11 and $0.13 given the current uptrend.</strong></p> 
 <p style="text-align: justify;"> Beyond that, the overbought condition will hinder the continuation of the uptrend. More details in this cryptocurrency <a rel="dofollow" title="Category Analysis" href="https://thebittimes.com/analysis.html">Analysis</a> by Coinidol.com. </p> 
 <h2 style="text-align: justify;" id="long-term-dogecoin-price-forecast-bullish">Long-term Dogecoin price forecast: bullish</h2> 
 <p style="text-align: justify;"> The price of Dogecoin (DOGE) has been rising despite two retracements below and above the 21-day SMA. The uptrend was broken on December 6 after reaching a high of $0.1063. DOGE has pulled back above the 21-day simple moving average and resumed its uptrend. </p> 
 <p style="text-align: justify;"> Yesterday, the altcoin reached a high of $0.1028 as it approaches the $0.1063 barrier. If the current resistance level is broken, the uptrend will resume. </p> 
 <h2 style="text-align: justify;" id="dogecoin-indicator-display">Dogecoin indicator display</h2> 
 <p style="text-align: justify;"> The price bars are cautiously above the 21-day SMA as DOGE rises. </p> 
 <p style="text-align: justify;"> The price bar reached the resistance level on December 6, but slipped above the 21-day SMA support. The uptrend will continue as long as the 21-day SMA support holds. </p> 
 <h3 style="text-align: justify;" id="technical-indicators">Technical indicators</h3> 
 <p style="text-align: justify;"> <b>Key resistance levels – $0.12 and $0.14</b> </p> 
 <p style="text-align: justify;"> <b>Key support levels – $0.06 and $0.04</b> </p> 
 <p style="text-align: justify;"> <img width="1024" alt="DOGEUSD_ (4-Hour Chart) –Dec.09.jpg" src="https://cdn.thebittimes.com/images/2023/12/11/187b377b563e6a54ae2ed46ca1e7aab2.webp" height="551" title="DOGEUSD_ (4-Hour Chart) –Dec.09, 2023"> </p> 
 <h2 style="text-align: justify;" id="what-s-next-for-dogecoin">What's next for Dogecoin?</h2> 
 <p style="text-align: justify;"> DOGE's rise continues but has stalled below resistance at $0.1050. The current resistance level is expected to be broken by the upswing. Buyers have been back above the 21-day SMA for the past three days while targeting the barrier at $0.1050 again. According to the price indications, DOGE will continue its uptrend. </p> 
 <p style="text-align: justify;"> <img width="1024" alt="DOGEUSD_ (Daily Chart) –Dec.09.jpg" src="https://cdn.thebittimes.com/images/2023/12/11/00ed06bb95353b02fe2b0a00759500e3.webp" height="511" title="DOGEUSD_ (Daily Chart) –Dec.09, 2023"> </p> 
 <p style="text-align: justify;"> <i><span style="color: #959595;">Disclaimer. This <a rel="dofollow" title="Category Analysis" href="https://thebittimes.com/analysis.html">Analysis</a> and forecast are the personal opinions of the author and are not a recommendation to buy or sell cryptocurrency and should not be viewed as an endorsement by CoinIdol.com. Readers should do their research before investing in funds.</span></i> </p> 
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<p>Source: <a rel="dofollow" target="_blank" href="https://thebittimes.com/dogecoin-reaches-the-0-1063-level-and-gets-closer-to-its-target-tbt73268.html">https://thebittimes.com/dogecoin-reaches-the-0-1063-level-and-gets-closer-to-its-target-tbt73268.html</a></p>

Dogecoin Reaches The $0.1063 Level And Gets Closer To Its Target

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