Strong

Dogecoin

Resistance

Million

Optimism

<ul>
 <li>Dogecoin rebounds from $0.91, indicating buyer confidence, but struggles to surpass $0.10.</li>
 <li>Potential drop towards $0.9 if sellers push below MA, risking further decline.</li>
 <li>Upward trend in moving averages and favorable RSI suggest buyers could lead a breakout.</li>
</ul>
<p>Dogecoin (DOGE) has shown resilience, rebounding from a low of $0.90. This recovery demonstrates a renewed confidence among buyers, particularly near the dip. Despite this upturn, DOGE faces challenges in breaching the $0.10 mark, currently trading at $0.095, marking a 0.9% increase from yesterday.</p>
<p>The current market scenario shows sellers actively trying to push DOGE’s price below the Moving Average. Should they succeed, it could amplify selling pressure, potentially driving the price down towards the channel’s support line at $0.9. Although this level may provide some support, a breach could lead to further decline towards $0.07.</p>
<figure class="wp-block-embed is-type-wp-embed is-provider-crypto-news-land wp-block-embed-crypto-news-land">
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  <blockquote class="wp-embedded-content" data-secret="6fLkOitiRi"><a href="https://cryptonewsland.com/dogecoin-price-prediction/" rel="noopener noreferrer nofollow">Dogecoin Price Prediction 2023 up to 2031: Is $0.3 EOY Price Possible?</a>
  </blockquote><iframe class="wp-embedded-content" sandbox="allow-scripts" security="restricted" title="“Dogecoin Price Prediction 2023 up to 2031: Is $0.3 EOY Price Possible?” — Crypto News Land" src="https://cryptonewsland.com/dogecoin-price-prediction/embed/#?secret=yIMetA0IOf#?secret=6fLkOitiRi" data-secret="6fLkOitiRi" width="600" height="338" frameborder="0" marginwidth="0" marginheight="0" scrolling="no"></iframe>
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<p>However, the upward trajectory of moving averages, combined with the Relative Strength Index (RSI) positioned in a favorable zone, indicates a potential upper hand for buyers. If buyers manage to push DOGE above the channel’s resistance, it could target a rise toward $0.11. Furthermore, surpassing the $0.13-$0.18 range might enable the cryptocurrency to consolidate in a bullish region around $0.2.</p>
<p>The future of Dogecoin in the cryptocurrency industry remains optimistic. Its ability to bounce back and the potential for upward movement reflect its resilience and growing interest among investors.</p>
<h4 class="wp-block-heading" id="h-read-also">Read also:</h4>
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 <li><a href="https://cryptonewsland.com/optimism-announces-the-private-sale-of-116-million-op-tokens/" rel="noopener noreferrer nofollow">Optimism Announces the Private Sale of 116 Million OP Tokens</a></li>
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 <li><a href="https://cryptonewsland.com/arbitrums-1-42-hurdle-will-bulls-overpower-resistance-as-bitcoin-regains-28k/" rel="noopener noreferrer nofollow">Arbitrum’s $1.42 Hurdle: Will Bulls Overpower Resistance as Bitcoin Regains $28K?</a></li>
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<p>The post <a href="https://cryptonewsland.com/how-doges-break-through-0-13-0-18-may-lead-to-consolidation-at-0-2/" rel="noopener noreferrer nofollow">How DOGE’s Break Through $0.13-$0.18 May Lead to Consolidation at $0.2</a> appeared first on <a href="https://cryptonewsland.com" rel="noopener noreferrer nofollow">Crypto News Land</a>.</p>

How DOGE’s Break Through $0.13-$0.18 May Lead to Consolidation at $0.2

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