Rally

Solana

Bitcoin

Dogecoin

Resistance

Dogecoin is showing positive signs above the $0.0750 resistance against the US Dollar. DOGE could rally over 10% if it clears the $0.0812 resistance zone. 
<ul> 
 <li>DOGE started a decent increase above the $0.0750 resistance against the US dollar.</li> 
 <li>The price is trading above the $0.0785 level and the 100 simple moving average (4 hours).</li> 
 <li>There is a key bullish trend line forming with support near $0.0792 on the 4-hour chart of the DOGE/USD pair (data source from Kraken).</li> 
 <li>The price could start a strong rally like Solana if it clears the $0.0812 resistance.</li> 
</ul> 
<h2 id="dogecoin-price-eyes-fresh-rally">Dogecoin Price Eyes Fresh Rally</h2> 
After forming a base above the $0.070 level, Dogecoin price started a fresh increase. DOGE broke the $0.0725 resistance zone to move into a positive zone, like <a href="https://www.newsbtc.com/analysis/btc/bitcoin-price-avoids-collapse-38500/" target="_blank" rel="noopener ">Bitcoin</a> and <a href="https://www.newsbtc.com/analysis/eth/ethereum-price-recovers-2075/" target="_blank" rel="noopener ">Ethereum</a>. 
The bulls were able to push the price further above the $0.0750 resistance. There was a clear move above the 50% Fib retracement level of the downward move from the $0.0875 swing high to the $0.0707 low. However, the price seems to be struggling near the $0.0812 resistance. 
DOGE is now trading above the $0.0785 level and the 100 simple moving average (4 hours). There is also a key bullish trend line forming with support near $0.0792 on the 4-hour chart of the DOGE/USD pair. 
On the upside, the price is facing resistance near the $0.0812 level. It is close to the 61.8% Fib retracement level of the downward move from the $0.0875 swing high to the $0.0707 low. The next major resistance is near the $0.0835 level. 
<a href="https://www.newsbtc.com/wp-content/uploads/2023/11/Doegcoin-DOGE-1.png?resize=1024%2C468"><img loading="lazy" decoding="async" class="alignnone size-full wp-image-562943" src="https://www.newsbtc.com/wp-content/uploads/2023/11/Doegcoin-DOGE-1.png?resize=1024%2C468" alt="Dogecoin Price Prediction" width="1024" height="468" srcset="https://www.newsbtc.com/wp-content/uploads/2023/11/Doegcoin-DOGE-1.png?resize=1024%2C468?w=1835 1835w, https://www.newsbtc.com/wp-content/uploads/2023/11/Doegcoin-DOGE-1.png?resize=1024%2C468?w=460 460w, https://www.newsbtc.com/wp-content/uploads/2023/11/Doegcoin-DOGE-1.png?resize=1024%2C468?w=768 768w, https://www.newsbtc.com/wp-content/uploads/2023/11/Doegcoin-DOGE-1.png?resize=1024%2C468?w=860 860w, https://www.newsbtc.com/wp-content/uploads/2023/11/Doegcoin-DOGE-1.png?resize=1024%2C468?w=1536 1536w, https://www.newsbtc.com/wp-content/uploads/2023/11/Doegcoin-DOGE-1.png?resize=1024%2C468?w=750 750w, https://www.newsbtc.com/wp-content/uploads/2023/11/Doegcoin-DOGE-1.png?resize=1024%2C468?w=1140 1140w" sizes="(max-width: 1000px) 100vw, 1000px" data-recalc-dims="1"></a> 
Source: <a href="https://www.tradingview.com/symbols/DOGEUSD/" target="_blank" rel="noopener nofollow">DOGEUSD on TradingView.com</a> 
A close above the $0.0835 resistance might send the price toward the $0.088 resistance. The next major resistance is near $0.0920. Any more gains might send the price toward the $0.095 level. 
<h2 id="are-dips-supported-in-doge">Are Dips Supported in DOGE?</h2> 
If DOGE’s price fails to gain pace above the $0.0812 level, it could start a downside correction. Initial support on the downside is near the $0.0792 level and the trend line. 
The next major support is near the $0.0770 level. If there is a downside break below the $0.0770 support, the price could decline further. In the stated case, the price might decline toward the $0.0710 level. 
Technical Indicators 
4 Hours MACD – The MACD for DOGE/USD is now gaining momentum in the bullish zone. 
4 Hours RSI (Relative Strength Index) – The RSI for DOGE/USD is now above the 50 level. 
Major Support Levels – $0.0792, $0.0770, and $0.0710. 
Major Resistance Levels – $0.0812, $0.0835, and $0.0880.

Dogecoin Price Prediction – Will DOGE Bulls Be Able To Hit $0.092?

목차

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