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{"id":596275,"date":"2024-03-05T04:48:28","date_gmt":"2024-03-05T04:48:28","guid":{"rendered":"https:\/\/ktsl888.com\/?p=596275"},"modified":"2024-06-11T14:40:57","modified_gmt":"2024-06-11T14:40:57","slug":"dogecoin-price-pumps-to-0-20","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/dogecoin-price-pumps-to-0-20\/","title":{"rendered":"Dogecoin Price Pumps To $0.20, Can DOGE Bulls Send It To $0.25"},"content":{"rendered":"

Dogecoin is up over 100% against the US Dollar. DOGE rallied toward the $0.20 resistance and might continue to rise toward the $0.225 resistance.<\/em><\/p>\n

\n
DOGE extended its rally above the $0.150 resistance against the US dollar.<\/li>\n
The price is trading above the $0.180 level and the 100 simple moving average (4 hours).<\/li>\n
There is a connecting bullish trend line forming with support at $0.1620 on the 4-hour chart of the DOGE\/USD pair (data source from Kraken).<\/li>\n
The price could extend its rally above the $0.200 and $0.2120 resistance levels.<\/li>\n<\/ul>\n
Dogecoin Price Surges Over 100%<\/h2>\n
In the past few sessions, Dogecoin price started a strong increase<\/a> above the $0.10 resistance. DOGE cleared many hurdles near $0.1250 to enter a positive zone.<\/p>\n
It even broke the $0.150 resistance and outperformed Bitcoin<\/a> and Ethereum. It is up over 100% in a few sessions and traded close to the $0.20 resistance. A new multi-week high was formed near $0.992 and the price is now correcting gains.<\/p>\n
The price is well above the 23.6% Fib retracement level of the recent rally from the $0.1250 swing low to the $0.1992 high. DOGE is also trading above the $0.180 level and the 100 simple moving average (4 hours).<\/p>\n
There is also a connecting bullish trend line forming with support at $0.1620 on the 4-hour chart of the DOGE\/USD pair. The trend line is near the 50% Fib retracement level of the recent rally from the $0.1250 swing low to the $0.1992 high.<\/p>\n
$\"Dogecoin$ <\/a><\/p>\n
Source: DOGEUSD on TradingView.com<\/a><\/p>\n
On the upside, the price is facing resistance near the $0.1980 level. The next major resistance is near the $0.20 level. A close above the $0.20 resistance might send the price toward the $0.2250 resistance. The next major resistance is near $0.2320. Any more gains might send the price toward the $0.250 level.<\/p>\n
Downside Correction in DOGE?<\/h2>\n
If DOGE\u2019s price fails to gain pace above the $0.20 level, it could start a downside correction. Initial support on the downside is near the $0.182 level.<\/p>\n
The next major support is near the $0.1620 level or the trend line. If there is a downside break below the $0.1620 support, the price could decline further. In the stated case, the price might decline toward the $0.1350 level.<\/p>\n
Technical Indicators<\/p>\n
4 Hours MACD \u2013 The MACD for DOGE\/USD is now gaining momentum in the bullish zone.<\/p>\n
4 Hours RSI (Relative Strength Index) \u2013 The RSI for DOGE\/USD is now in the overbought zone.<\/p>\n
Major Support Levels \u2013 $0.1820, $0.1620 and $0.1350.<\/p>\n
Major Resistance Levels \u2013 $0.1980, $0.20, and $0.2250.<\/p>\n","protected":false},"excerpt":{"rendered":"
Dogecoin is up over 100% against the US Dollar. DOGE rallied toward the $0.20 resistance and might continue to rise toward the $0.225 resistance. DOGE extended its rally above the $0.150 resistance against the US dollar. The price is trading above the $0.180 level and the 100 simple moving average (4 hours). There is a connecting bullish trend line forming with support at $0.1620 on the 4-hour chart of the DOGE\/USD pair (data source from Kraken). The price could extend its rally above the $0.200 and $0.2120 resistance levels. Dogecoin Price Surges Over 100% In the past few sessions, Dogecoin price started a strong increase above the $0.10 resistance. DOGE cleared many hurdles near $0.1250 to enter a positive zone. It even broke the $0.150 resistance and outperformed Bitcoin and Ethereum. It is up over 100% in a few sessions and traded close to the $0.20 resistance. A new multi-week high was formed near $0.992 and the price is now correcting gains. The price is well above the 23.6% Fib retracement level of the recent rally from the $0.1250 swing low to the $0.1992 high. DOGE is also trading above the $0.180 level and the 100 simple moving average (4 hours). There is also a connecting bullish trend line forming with support at $0.1620 on the 4-hour chart of the DOGE\/USD pair. The trend line is near the 50% Fib retracement level of the recent rally from the $0.1250 swing low to the $0.1992 high. Source: DOGEUSD on TradingView.com On the upside, the price is facing resistance near the $0.1980 level. The next major resistance is near the $0.20 level. A close above the $0.20 resistance might send the price toward the $0.2250 resistance. The next major resistance is near $0.2320. Any more gains might send the price toward the $0.250 level. Downside Correction in DOGE? If DOGE\u2019s price fails to gain pace above the $0.20 level, it could start a downside correction. Initial support on the downside is near the $0.182 level. The next major support is near the $0.1620 level or the trend line. If there is a downside break below the $0.1620 support, the price could decline further. In the stated case, the price might decline toward the $0.1350 level. Technical Indicators 4 Hours MACD \u2013 The MACD for DOGE\/USD is now gaining momentum in the bullish zone. 4 Hours RSI (Relative Strength Index) \u2013 The RSI for DOGE\/USD is now in the overbought zone. Major Support Levels \u2013 $0.1820, $0.1620 and $0.1350. Major Resistance Levels \u2013 $0.1980, $0.20, and $0.2250.<\/p>\n","protected":false},"author":67,"featured_media":538190,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[1788,7,79599,79600],"class_list":["post-596275","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-dogebtc","tag-dogecoin","tag-dogeusd","tag-dogeusdt"],"acf":[],"yoast_head":"\nDogecoin Price Pumps To $0.20, Can DOGE Bulls Send It To $0.25<\/title>\n<meta name=\"description\" content=\"Dogecoin is up over 100% against the US Dollar. 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His background in software engineering has equipped him with a unique skill set, enabling him to leverage cutting-edge tools and algorithms to gain a competitive edge in an ever-evolving landscape. In addition to his roles in finance and technology, Aayush serves as the director of a prestigious IT company, where he spearheads initiatives aimed at driving digital innovation and transformation. Under his visionary leadership, the company has flourished, cementing its position as a leader in the tech industry and paving the way for groundbreaking advancements in software development and IT solutions. Despite his demanding professional commitments, Aayush is a firm believer in the importance of work-life balance. An avid traveler and adventurer, he finds solace in exploring new destinations, immersing himself in different cultures, and forging lasting memories along the way. Whether he's trekking through the Himalayas, diving in the azure waters of the Maldives, or experiencing the vibrant energy of bustling metropolises, Aayush embraces every opportunity to broaden his horizons and create unforgettable experiences. Aayush's journey to success is marked by a relentless pursuit of excellence and a steadfast commitment to continuous learning and growth. His academic achievements are a testament to his dedication and passion for excellence, having completed his software engineering with honors and excelling in every department. At his core, Aayush is driven by a profound passion for analyzing markets and uncovering profitable opportunities amidst volatility. Whether he's poring over price charts, identifying key support and resistance levels, or providing insightful analysis to his clients and followers, Aayush's unwavering dedication to his craft sets him apart as a true industry leader and a beacon of inspiration to aspiring traders around the globe. 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