{"id":652714,"date":"2024-11-12T21:00:42","date_gmt":"2024-11-12T21:00:42","guid":{"rendered":"https:\/\/ktsl888.com\/?p=652714"},"modified":"2024-11-12T10:25:23","modified_gmt":"2024-11-12T10:25:23","slug":"doge-bulls-targets-0-4484-breakout","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/analysis\/doge\/doge-bulls-targets-0-4484-breakout\/","title":{"rendered":"Dogecoin Price On The Move With $0.4484 Breakout in Bulls’ Crosshairs"},"content":{"rendered":"

The Dogecoin<\/span><\/a> price is showing signs of renewed bullish momentum as the price sets its sights on the key resistance level of $0.4484. Following a steady rise, the bulls appear determined to push through this barrier, potentially setting the stage for a <\/span>breakout<\/span> that could spark further gains. As market sentiment shifts in favor of the buyers, all eyes are on DOGE to see if it can sustain its upward strength and reach this ambitious target.<\/span><\/p>\n

This analysis aims to assess Dogecoin’s uptrend as it approaches the critical $0.4484 resistance level, exploring whether the bulls have the strength to achieve a breakout. By examining current price trends, key technical <\/span>indicators<\/span><\/a>, and potential support and resistance levels, this piece aims to provide insights into DOGE’s near-term prospects. It will also consider the implications for traders if DOGE successfully breaks through or encounters resistance at this <\/span>key level<\/span><\/a>.<\/span><\/p>\n

DOGE Bulls Eye Key Resistance At $0.4484<\/h2>\n

The Dogecoin price has held strong above the 100-day SMA on the 4-hour chart, signaling bullish momentum. After breaking the $0.3563 resistance, DOGE established a support base and now targets $0.4484. This movement suggests buyer control and a breakout at this level could lead to more gains, strengthening the current uptrend and attracting more optimistic interest.<\/span><\/p>\n

\"Dogecoin\"
Dogecoin holding strong above the 100-day SMA | Source: DOGEUSDT on Tradingview.com<\/a><\/figcaption><\/figure>\n

An analysis of the 4-hour Relative Strength Index (RSI) reveals a sustained upsurge, with the RSI rising to 91% after breaking above the 50% mark, indicating a strengthening buying pressure as the market shifts from a bearish phase to a more neutral or <\/span>bullish<\/span><\/a> stance. With the <\/span>bulls<\/span><\/a> firmly in control, this upward momentum suggests the possibility of additional price increases if buying strength continues.<\/span><\/p>\n

Related Reading: Dogecoin To As High As $23? This Pattern Could Hint So<\/a><\/div>\n

Additionally, the daily chart shows that Dogecoin is facing significant upward pressure, as evidenced by the formation of bullish candlestick patterns. The asset’s <\/span>position above the critical 100-day SMA further supports this positive trend. As DOGE continues on this path, it strengthens the optimistic sentiment in the <\/span>market<\/span><\/a>, paving the way for additional gains as it targets the $0.4484 mark.<\/span><\/p>\n

\"Dogecoin\"
DOGE bulls aiming at the $0.4448 level | Source: DOGEUSDT on Tradingview.com<\/a><\/figcaption><\/figure>\n

Lastly, the RSI on the daily chart is at 92%, signaling strong positive movement after recovering from a dip to 57%, suggesting a shift in market sentiment with increased buying pressure. While the elevated RSI indicates <\/span>potential<\/span><\/a> for more growth, sustained overbought levels could lead to a correction if buying pressure slows.<\/span><\/p>\n

The Significance Of $0.4484 For The Dogecoin Price<\/h2>\n

The $0.4484 level holds significant importance for the Dogecoin price, as it represents a key resistance point that could trigger a possible breakout. Should Dogecoin successfully surpass this level, it could pave the way for further upward movement, extending the current bullish trend and targeting the next resistance at $0.5920.<\/span><\/p>\n

Related Reading: Dogecoin Price Is About To Complete This Breakout To A Descending Megaphone Pattern, Is $1 Next?<\/a><\/div>\n

However, if the level holds as resistance, DOGE may face a period of consolidation or pullback before making another attempt at breaking through.<\/span><\/p>\n

\"Dogecoin\"
DOGE trading at $0.42 on the 1D chart | Source: DOGEUSDT on Tradingview.com<\/a><\/figcaption><\/figure>\n
Featured image from Adobe Stock, chart from Tradingview.com<\/div>\n","protected":false},"excerpt":{"rendered":"

The Dogecoin price is showing signs of renewed bullish momentum as the price sets its sights on the key resistance level of $0.4484. Following a steady rise, the bulls appear determined to push through this barrier, potentially setting the stage for a breakout that could spark further gains. As market sentiment shifts in favor of the buyers, all eyes are on DOGE to see if it can sustain its upward strength and reach this ambitious target. This analysis aims to assess Dogecoin’s uptrend as it approaches the critical $0.4484 resistance level, exploring whether the bulls have the strength to achieve a breakout. By examining current price trends, key technical indicators, and potential support and resistance levels, this piece aims to provide insights into DOGE’s near-term prospects. It will also consider the implications for traders if DOGE successfully breaks through or encounters resistance at this key level. DOGE Bulls Eye Key Resistance At $0.4484 The Dogecoin price has held strong above the 100-day SMA on the 4-hour chart, signaling bullish momentum. After breaking the $0.3563 resistance, DOGE established a support base and now targets $0.4484. This movement suggests buyer control and a breakout at this level could lead to more gains, strengthening the current uptrend and attracting more optimistic interest. An analysis of the 4-hour Relative Strength Index (RSI) reveals a sustained upsurge, with the RSI rising to 91% after breaking above the 50% mark, indicating a strengthening buying pressure as the market shifts from a bearish phase to a more neutral or bullish stance. With the bulls firmly in control, this upward momentum suggests the possibility of additional price increases if buying strength continues. Related Reading: Dogecoin To As High As $23? This Pattern Could Hint So Additionally, the daily chart shows that Dogecoin is facing significant upward pressure, as evidenced by the formation of bullish candlestick patterns. The asset’s position above the critical 100-day SMA further supports this positive trend. As DOGE continues on this path, it strengthens the optimistic sentiment in the market, paving the way for additional gains as it targets the $0.4484 mark. Lastly, the RSI on the daily chart is at 92%, signaling strong positive movement after recovering from a dip to 57%, suggesting a shift in market sentiment with increased buying pressure. While the elevated RSI indicates potential for more growth, sustained overbought levels could lead to a correction if buying pressure slows. The Significance Of $0.4484 For The Dogecoin Price The $0.4484 level holds significant importance for the Dogecoin price, as it represents a key resistance point that could trigger a possible breakout. Should Dogecoin successfully surpass this level, it could pave the way for further upward movement, extending the current bullish trend and targeting the next resistance at $0.5920. Related Reading: Dogecoin Price Is About To Complete This Breakout To A Descending Megaphone Pattern, Is $1 Next? However, if the level holds as resistance, DOGE may face a period of consolidation or pullback before making another attempt at breaking through. Featured image from Adobe Stock, chart from Tradingview.com<\/p>\n","protected":false},"author":608,"featured_media":652716,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[89099],"tags":[1785,7,79599,16393,14763,91599,85676],"class_list":["post-652714","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-doge","tag-doge","tag-dogecoin","tag-dogeusd","tag-relative-strength-index","tag-rsi","tag-simple-moving-average","tag-sma"],"acf":[],"yoast_head":"\nDogecoin Price On The Move With $0.4484 Breakout in Bulls' Crosshairs<\/title>\n<meta name=\"description\" content=\"Dogecoin (DOGE) is showing signs of renewed bullish momentum as the price sets its sights on the key resistance level of $0.4484.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, 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I grew up with my three siblings who have always been my idols and mentors, helping me to grow and understand the way of life. My parents are literally the backbone of my story. They\u2019ve always supported me in good and bad times and never for once left my side whenever I feel lost in this world. Honestly, having such amazing parents makes you feel safe and secure, and I won\u2019t trade them for anything else in this world. I was exposed to the cryptocurrency world 3 years ago and got so interested in knowing so much about it. It all started when a friend of mine invested in a crypto asset, which he yielded massive gains from his investments. When I confronted him about cryptocurrency he explained his journey so far in the field. It was impressive getting to know about his consistency and dedication in the space despite the risks involved, and these are the major reasons why I got so interested in cryptocurrency. Trust me, I\u2019ve had my share of experience with the ups and downs in the market but I never for once lost the passion to grow in the field. This is because I believe growth leads to excellence and that\u2019s my goal in the field. And today, I am an employee of Bitcoinnist and NewsBTC news outlets. My Bosses and co-workers are the best kinds of people I have ever worked with, in and outside the crypto landscape. I intend to give my all working alongside my amazing colleagues for the growth of these companies. Sometimes I like to picture myself as an explorer, this is because I like visiting new places, I like learning new things (useful things to be precise), I like meeting new people - people who make an impact in my life no matter how little it is. One of the things I love and enjoy doing the most is football. It will remain my favorite outdoor activity, probably because I'm so good at it. I am also very good at singing, dancing, acting, fashion and others. I cherish my time, work, family, and loved ones. I mean, those are probably the most important things in anyone's life. I don't chase illusions, I chase dreams. I know there is still a lot about myself that I need to figure out as I strive to become successful in life. I\u2019m certain I will get there because I know I am not a quitter, and I will give my all till the very end to see myself at the top. I aspire to be a boss someday, having people work under me just as I\u2019ve worked under great people. This is one of my biggest dreams professionally, and one I do not take lightly. Everyone knows the road ahead is not as easy as it looks, but with God Almighty, my family, and shared passion friends, there is no stopping me.","sameAs":["https:\/\/x.com\/NFTwerey"],"url":"https:\/\/ktsl888.com\/author\/godspowerowie\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Dogecoin Price On The Move With $0.4484 Breakout in Bulls’ Crosshairs","url":"http:\/\/ktsl888.com\/analysis\/doge\/doge-bulls-targets-0-4484-breakout\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/ktsl888.com\/analysis\/doge\/doge-bulls-targets-0-4484-breakout\/"},"thumbnailUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/11\/Dogecoin-from-Adobe-Stock.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/11\/Dogecoin-from-Adobe-Stock.jpg?fit=539%2C360"},"articleSection":"DOGE","author":[{"@type":"Person","name":"Godspower Owie"}],"creator":["Godspower Owie"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["doge","dogecoin","dogeusd","relative strength index","rsi","simple moving average","sma"],"dateCreated":"2024-11-12T21:00:42Z","datePublished":"2024-11-12T21:00:42Z","dateModified":"2024-11-12T21:00:42Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Dogecoin Price On The Move With $0.4484 Breakout in Bulls’ Crosshairs\",\"url\":\"http:\\\/\\\/ktsl888.com\\\/analysis\\\/doge\\\/doge-bulls-targets-0-4484-breakout\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/ktsl888.com\\\/analysis\\\/doge\\\/doge-bulls-targets-0-4484-breakout\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2024\\\/11\\\/Dogecoin-from-Adobe-Stock.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2024\\\/11\\\/Dogecoin-from-Adobe-Stock.jpg?fit=539%2C360\"},\"articleSection\":\"DOGE\",\"author\":[{\"@type\":\"Person\",\"name\":\"Godspower Owie\"}],\"creator\":[\"Godspower Owie\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"doge\",\"dogecoin\",\"dogeusd\",\"relative strength index\",\"rsi\",\"simple moving average\",\"sma\"],\"dateCreated\":\"2024-11-12T21:00:42Z\",\"datePublished\":\"2024-11-12T21:00:42Z\",\"dateModified\":\"2024-11-12T21:00:42Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/ktsl888.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/11\/Dogecoin-from-Adobe-Stock.jpg?fit=539%2C360","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/652714","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/users\/608"}],"replies":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/comments?post=652714"}],"version-history":[{"count":3,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/652714\/revisions"}],"predecessor-version":[{"id":652736,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/652714\/revisions\/652736"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media\/652716"}],"wp:attachment":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media?parent=652714"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/categories?post=652714"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/tags?post=652714"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}