Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the multisite-clone-duplicator domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /var/www/wp-includes/functions.php on line 6114
[www-stage.newsbtc.com/analysis/doge/dogecoin-price-dip-0-10/amp/]
[wp-includes/functions.php:6114 trigger_error(), wp-includes/functions.php:6054 wp_trigger_error(), wp-includes/l10n.php:1370 _doing_it_wrong(), wp-includes/l10n.php:1408 _load_textdomain_just_in_time(), wp-includes/l10n.php:194 get_translations_for_domain(), wp-includes/l10n.php:306 translate(), wp-content/plugins/multisite-clone-duplicator/include/lang.php:6 __(), wp-content/plugins/multisite-clone-duplicator/multisite-clone-duplicator.php:32 require_once('wp-content/plugins/multisite-clone-duplicator/include/lang.php'), wp-settings.php:471 include_once('wp-content/plugins/multisite-clone-duplicator/multisite-clone-duplicator.php'), wp-config.php:53 require_once('wp-settings.php'), wp-load.php:50 require_once('wp-config.php'), wp-blog-header.php:13 require_once('wp-load.php'), index.php:17 require('wp-blog-header.php')]

Dogecoin Price (DOGE) Poised To Surge If This Support Holds

Dogecoin Price (DOGE) Poised To Surge If This Support Holds

Dogecoin Price (DOGE)

Dogecoin Price (DOGE)

Dogecoin started a fresh increase above the $0.100 resistance against the US Dollar. DOGE is rising and might gain pace for a move above $0.1080.

Dogecoin Price Starts Fresh Increase

In the past few sessions, Dogecoin price saw a decent increase from the $0.0950 zone like Bitcoin and Ethereum. The price was able to clear the $0.100 and $0.1020 resistance levels.

The bulls even pushed it above $0.1050 and the 100-hourly simple moving average. A high was formed at $0.1079 before there was a pullback. The price declined below the $0.1060 level. The price even declined below the 50% Fib retracement level of the upward move from the $0.1020 swing low to the $0.1079 high.

However, the bulls are active near the $0.1040 level. They protected the 61.8% Fib retracement level of the upward move from the $0.1020 swing low to the $0.1079 high.

Besides, there is a key bullish trend line forming with support near $0.1050 on the hourly chart of the DOGE/USD pair. Dogecoin price is again rising and trading above the $0.1050 level. Immediate resistance on the upside is near the $0.1072 level.

Source: DOGEUSD on TradingView.com

The next major resistance is near the $0.1080 level. A close above the $0.1080 resistance might send the price toward the $0.1120 resistance. Any more gains might send the price toward the $0.1200 level. The next major stop for the bulls might be $0.1350.

More Downsides In DOGE?

If DOGE’s price fails to climb above the $0.1080 level, it could start another downside correction. Initial support on the downside is near the $0.1055 level. The next major support is near the $0.1035 level.

The main support sits at $0.1020. If there is a downside break below the $0.1020 support, the price could decline further. In the stated case, the price might decline toward the $0.0950 level or even $0.0920 in the near term.

Technical Indicators

Hourly MACD – The MACD for DOGE/USD is now gaining momentum in the bullish zone.

Hourly RSI (Relative Strength Index) – The RSI for DOGE/USD is now above the 50 level.

Major Support Levels – $0.1035 and $0.1020.

Major Resistance Levels – $0.1080 and $0.1120.

Exit mobile version