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The post <a href="https://coinpedia.org/price-analysis/dogecoins-upcoming-bullish-move-to-0-17-is-crucial-for-uptrend/">DogeCoins Upcoming Bullish Move To $0.17 Is Crucial For Uptrend.</a> appeared first on <a href="https://coinpedia.org">Coinpedia Fintech News</a> 
Dogecoin (DOGE) , The Top 1 meme coin crypto is consolidating its potential despite having the biggest meme sector marketcap of 21 billion. Though the coin is 100% up in the yearly period in contrast to Shiba Inu(SHIB) the second in the list is 168% up, Floki is up by 446%, Bonk is up by 5317% and Pepe by 481%.&nbsp; 
The increased activity recently and a spike in the Open interest of investors shows Dogecoin has strong community and operational price activity and is not trend-based.&nbsp; 
The overall <a href="https://markets.coinpedia.org/dogecoin/" target="_blank" rel="noreferrer noopener">Dogecoin</a> market is in an uptrend, it looks like the price will surge by testing minor with pullback support levels.&nbsp; 
<figure class="wp-block-image size-large">
 <img decoding="async" width="1024" height="465" src="https://image.coinpedia.org/wp-content/uploads/2024/05/14175856/Doge-to-017-1024x465.png" alt="" class="wp-image-302615" srcset="https://image.coinpedia.org/wp-content/uploads/2024/05/14175856/Doge-to-017-1024x465.png 1024w, https://image.coinpedia.org/wp-content/uploads/2024/05/14175856/Doge-to-017-300x136.png 300w, https://image.coinpedia.org/wp-content/uploads/2024/05/14175856/Doge-to-017-768x349.png 768w, https://image.coinpedia.org/wp-content/uploads/2024/05/14175856/Doge-to-017-1536x698.png 1536w, https://image.coinpedia.org/wp-content/uploads/2024/05/14175856/Doge-to-017-2048x930.png 2048w, https://image.coinpedia.org/wp-content/uploads/2024/05/14175856/Doge-to-017-150x68.png 150w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure> 
In a 4-hour DOGE/USDT chart the price faced resistance at $0.157 and with no strong support pulled down to the current $0.15. In an approach towards robust support, the bears seem to fail with a significant spike in Volume.&nbsp; 
Buyers in the zone maintain a $0.15, above 200 SMA, and with continued buying pressure the price is poised to rise 50-day SMA ($0.17) too.&nbsp; A rally beyond this level will trigger more accumulation and enter a bullish zone with nearby resistance and $0.21 and $0.23. \ 
Conversely, a break and close below $0.147 will see Dogecoin retreat to the next support sitting at $0.135. Further jumps below this mark a trend in favor of bear with the lowest support zone at $0.09.&nbsp; 
<h2 class="wp-block-heading" id="h-technical-indicators-are-mixed-nbsp">Technical Indicators Are Mixed&nbsp;</h2> 
The oscialators are in Seel mode as the Bull bear power, MACD, and ROC signal a downtrend. Price indicates a movement to rise above 50 Days SMA but is above the long-term 200 SMA and EMA. Moving cross over for short terms and mod terms remains bearish but long terms is bullish. 
Trend traders have an opportunity to enter between $0.14 and $0.15 and exit after $0.17 breakout with a stop loss at $0.13.&nbsp; 
Also Check Out : <a href="https://coinpedia.org/price-analysis/memecoins-gain-immediate-attention-with-gamestops-sudden-rise-heres-why-shiba-inu-might-miss-the-bus/">Memecoins Gain Immediate Attention With GameStop’s Sudden Rise: Here’s Why Shiba Inu Might Miss the Bus</a>

DogeCoins Upcoming Bullish Move To $0.17 Is Crucial For Uptrend.

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