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{"id":552078,"date":"2023-09-20T04:23:27","date_gmt":"2023-09-20T04:23:27","guid":{"rendered":"https:\/\/ktsl888.com\/?p=552078"},"modified":"2024-06-11T14:29:26","modified_gmt":"2024-06-11T14:29:26","slug":"dogecoin-price-doge-prediction-resistance-0-064","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/dogecoin-price-doge-prediction-resistance-0-064\/","title":{"rendered":"Dogecoin Price (DOGE) Prediction \u2013 Bulls Face Uphill Task Near $0.064"},"content":{"rendered":"

Dogecoin is recovering higher from the $0.060 level against the US Dollar. DOGE could continue to rise if it clears the $0.0640 resistance zone.<\/em><\/p>\n

\n
DOGE started a decent increase above the $0.0615 resistance against the US dollar.<\/li>\n
The price is trading above the $0.062 level and the 100 simple moving average (4 hours).<\/li>\n
There is a key rising channel forming with resistance near $0.0640 on the 4-hour chart of the DOGE\/USD pair (data source from Kraken).<\/li>\n
The price could struggle to clear the $0.0638 and $0.0640 resistance levels.<\/li>\n<\/ul>\n
Dogecoin Price Starts Recovery<\/h2>\n
After a major decline, Dogecoin price found support near the $0.0595 zone. DOGE traded as low as $0.0591 and recently started a recovery wave. There was a decent move above $0.0600 and the price settled above $0.0612.<\/p>\n
Recently, Bitcoin<\/a> saw a steady increase above $27,000 and helped altcoins in recovery. Dogecoin is also showing a few positive signs and was able to clear the $0.062 resistance. There was a move above the 23.6% Fib retracement level of the downward move from the $0.0685 swing high to the $0.0591 low.<\/p>\n
DOGE<\/a> is now trading above the $0.062 level and the 100 simple moving average (4 hours). On the upside, the price is facing resistance near the $0.0638 level. It is close to the 50% Fib retracement level of the downward move from the $0.0685 swing high to the $0.0591 low.<\/p>\n
The first major resistance is near the $0.0640 level. Besides, there is a key rising channel forming with resistance near $0.0640 on the 4-hour chart of the DOGE\/USD pair.<\/p>\n
$\"Dogecoin$ <\/p>\n
Source: DOGEUSD on TradingView.com<\/a><\/p>\n
A close above the $0.0620 resistance might send the price toward the $0.0670 resistance. The next major resistance is near $0.0685. Any more gains might send the price toward the $0.072 level.<\/p>\n
Are Dips Supported in DOGE?<\/h2>\n
If DOGE\u2019s price fails to gain pace above the $0.0640 level, it could start a downside correction. Initial support on the downside is near the $0.0620 level.<\/p>\n
The next major support is near the $0.060 level. If there is a downside break below the $0.060 support, the price could decline further. In the stated case, the price might decline toward the $0.0565 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 $0.0620, $0.0600, and $0.0565.<\/p>\n
Major Resistance Levels \u2013 $0.0638, $0.0640, and $0.0685.<\/p>\n","protected":false},"excerpt":{"rendered":"
Dogecoin is recovering higher from the $0.060 level against the US Dollar. DOGE could continue to rise if it clears the $0.0640 resistance zone. DOGE started a decent increase above the $0.0615 resistance against the US dollar. The price is trading above the $0.062 level and the 100 simple moving average (4 hours). There is a key rising channel forming with resistance near $0.0640 on the 4-hour chart of the DOGE\/USD pair (data source from Kraken). The price could struggle to clear the $0.0638 and $0.0640 resistance levels. Dogecoin Price Starts Recovery After a major decline, Dogecoin price found support near the $0.0595 zone. DOGE traded as low as $0.0591 and recently started a recovery wave. There was a decent move above $0.0600 and the price settled above $0.0612. Recently, Bitcoin saw a steady increase above $27,000 and helped altcoins in recovery. Dogecoin is also showing a few positive signs and was able to clear the $0.062 resistance. There was a move above the 23.6% Fib retracement level of the downward move from the $0.0685 swing high to the $0.0591 low. DOGE is now trading above the $0.062 level and the 100 simple moving average (4 hours). On the upside, the price is facing resistance near the $0.0638 level. It is close to the 50% Fib retracement level of the downward move from the $0.0685 swing high to the $0.0591 low. The first major resistance is near the $0.0640 level. Besides, there is a key rising channel forming with resistance near $0.0640 on the 4-hour chart of the DOGE\/USD pair. Source: DOGEUSD on TradingView.com A close above the $0.0620 resistance might send the price toward the $0.0670 resistance. The next major resistance is near $0.0685. Any more gains might send the price toward the $0.072 level. Are Dips Supported in DOGE? If DOGE\u2019s price fails to gain pace above the $0.0640 level, it could start a downside correction. Initial support on the downside is near the $0.0620 level. The next major support is near the $0.060 level. If there is a downside break below the $0.060 support, the price could decline further. In the stated case, the price might decline toward the $0.0565 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 $0.0620, $0.0600, and $0.0565. Major Resistance Levels \u2013 $0.0638, $0.0640, and $0.0685.<\/p>\n","protected":false},"author":67,"featured_media":527877,"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-552078","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 (DOGE) Prediction \u2013 Bulls Face Uphill Task Near $0.064<\/title>\n<meta name=\"description\" content=\"Dogecoin is recovering higher from the $0.060 level 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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