Dogecoin Price Prediction: Doge Rally Faded But Not Likely Over<\/title>\n<meta name=\"description\" content=\"Dogecoin rallied over 25% and cleared the $0.090 resistance against the US Dollar. DOGE is correcting gains and might find fresh bids near the $0.088 support.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ktsl888.com\/news\/dogecoin-price-prediction-doge-rally-not-over\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Dogecoin Price Prediction: Doge Rally Faded But Not Likely Over\" \/>\n<meta property=\"og:description\" content=\"Dogecoin rallied over 25% and cleared the $0.090 resistance against the US Dollar. 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Dogecoin rallied over 25% and cleared the $0.090 resistance against the US Dollar. DOGE is correcting gains and might find fresh bids near the $0.088 support.<\/em><\/p>\n

\n
DOGE gained pace and traded above the $0.090 resistance against the US dollar.<\/li>\n
The price is trading well above the $0.085 zone and the 100 simple moving average (4 hours).<\/li>\n
There is a key bearish trend line forming with resistance near $0.094 on the 4-hours chart of the DOGE\/USD pair (data source from Kraken).<\/li>\n
The pair could start a fresh increase if there is a clear move above $0.0940.<\/li>\n<\/ul>\n
Dogecoin Price Trims Gains<\/h2>\n
After Twitter\u2019s logo change, Dogecoin\u2019s price saw a strong upward move from the $0.0750 support. DOGE outperformed Bitcoin<\/a> and Ethereum<\/a>. It rallied over 25% and cleared many hurdles near $0.0850.<\/p>\n
The bulls were able to pump the price above the $0.090 resistance. Finally, the price spiked above $0.10 and traded to a new monthly high at $0.1051. Recently, there was a downside correction below the $0.1000 level.<\/p>\n
DOGE\u2019s price declined below the $0.095 level. The price tested the 50% Fib retracement level of the recent rally from the $0.0765 swing low to the $0.1051 high. It is now consolidating gains well above the $0.085 zone and the 100 simple moving average (4 hours).<\/p>\n
On the upside, the price is facing resistance near the $0.0940 level. There is also a key bearish trend line forming with resistance near $0.094 on the 4-hours chart of the DOGE\/USD pair.<\/p>\n
$\"Dogecoin$ <\/a>
Dogecoin Price Prediction<\/figcaption><\/figure>\n
Source: DOGEUSD on TradingView.com<\/a><\/p>\n
The first major resistance is near the $0.095 level. A clear move above the $0.095 resistance might send the price toward the $0.100 resistance. Any more gains might send the price toward the $0.105 level. A clear move above the $0.105 resistance could open the gates for an increase toward the $0.12 level.<\/p>\n
Dips Supported in DOGE?<\/h2>\n
If DOGE\u2019s price fails to gain pace above the $0.095 level, it could continue to move down. Initial support on the downside is near the $0.0905 level.<\/p>\n
The next major support is near the $0.085 level or the 76.4% Fib retracement level of the recent rally from the $0.0765 swing low to the $0.1051 high. If there is a downside break below the $0.085 support, the price could decline further. In the stated case, the price might decline toward the $0.075 level.<\/p>\n
Technical Indicators<\/p>\n
4 Hours MACD \u2013 The MACD for DOGE\/USD is now losing momentum in the bullish zone.<\/p>\n
4 Hours RSI (Relative Strength Index) \u2013 The RSI for DOGE\/USD is now above the 50 level.<\/p>\n
Major Support Levels \u2013 $0.090, $0.085, and $0.075.<\/p>\n
Major Resistance Levels \u2013 $0.0940, $0.0950, and $0.100.<\/p>\n","protected":false},"excerpt":{"rendered":"
Dogecoin rallied over 25% and cleared the $0.090 resistance against the US Dollar. DOGE is correcting gains and might find fresh bids near the $0.088 support. DOGE gained pace and traded above the $0.090 resistance against the US dollar. The price is trading well above the $0.085 zone and the 100 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $0.094 on the 4-hours chart of the DOGE\/USD pair (data source from Kraken). The pair could start a fresh increase if there is a clear move above $0.0940. Dogecoin Price Trims Gains After Twitter\u2019s logo change, Dogecoin\u2019s price saw a strong upward move from the $0.0750 support. DOGE outperformed Bitcoin and Ethereum. It rallied over 25% and cleared many hurdles near $0.0850. The bulls were able to pump the price above the $0.090 resistance. Finally, the price spiked above $0.10 and traded to a new monthly high at $0.1051. Recently, there was a downside correction below the $0.1000 level. DOGE\u2019s price declined below the $0.095 level. The price tested the 50% Fib retracement level of the recent rally from the $0.0765 swing low to the $0.1051 high. It is now consolidating gains well above the $0.085 zone and the 100 simple moving average (4 hours). On the upside, the price is facing resistance near the $0.0940 level. There is also a key bearish trend line forming with resistance near $0.094 on the 4-hours chart of the DOGE\/USD pair. Source: DOGEUSD on TradingView.com The first major resistance is near the $0.095 level. A clear move above the $0.095 resistance might send the price toward the $0.100 resistance. Any more gains might send the price toward the $0.105 level. A clear move above the $0.105 resistance could open the gates for an increase toward the $0.12 level. Dips Supported in DOGE? If DOGE\u2019s price fails to gain pace above the $0.095 level, it could continue to move down. Initial support on the downside is near the $0.0905 level. The next major support is near the $0.085 level or the 76.4% Fib retracement level of the recent rally from the $0.0765 swing low to the $0.1051 high. If there is a downside break below the $0.085 support, the price could decline further. In the stated case, the price might decline toward the $0.075 level. Technical Indicators 4 Hours MACD \u2013 The MACD for DOGE\/USD is now losing momentum in the bullish zone. 4 Hours RSI (Relative Strength Index) \u2013 The RSI for DOGE\/USD is now above the 50 level. Major Support Levels \u2013 $0.090, $0.085, and $0.075. Major Resistance Levels \u2013 $0.0940, $0.0950, and $0.100.<\/p>\n","protected":false},"author":67,"featured_media":517085,"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":[1785,79602,7,79599,79600],"class_list":["post-525827","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-doge","tag-doge-usdt","tag-dogecoin","tag-dogeusd","tag-dogeusdt"],"acf":[],"yoast_head":"\nDogecoin Price Prediction: Doge Rally Faded But Not Likely Over<\/title>\n<meta name=\"description\" content=\"Dogecoin rallied over 25% and cleared the $0.090 resistance 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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