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{"id":606118,"date":"2024-05-02T05:39:51","date_gmt":"2024-05-02T05:39:51","guid":{"rendered":"https:\/\/ktsl888.com\/?p=606118"},"modified":"2024-06-11T14:45:25","modified_gmt":"2024-06-11T14:45:25","slug":"doge-price-prediction-dogecoin-0-120","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/doge-price-prediction-dogecoin-0-120\/","title":{"rendered":"DOGE Price Prediction \u2013 Dogecoin Reaches Make-or-Breaks Levels"},"content":{"rendered":"

Dogecoin extended losses and traded below the $0.1350 resistance zone against the US Dollar. DOGE is now testing an important support at $0.1200.<\/em><\/p>\n

\n
DOGE gained bearish momentum below the $0.140 and $0.1350 levels against the US dollar.<\/li>\n
The price is trading below the $0.1350 level and the 100 simple moving average (4 hours).<\/li>\n
There is a major bearish trend line forming with resistance at $0.1350 on the 4-hour chart of the DOGE\/USD pair (data source from Kraken).<\/li>\n
The price must settle above $0.1420 to move into a positive zone and start a fresh surge.<\/li>\n<\/ul>\n
Dogecoin Price Extends Losses<\/h2>\n
After a close below $0.150, Dogecoin price extended losses and moved into a short-term bearish zone, like Bitcoin<\/a> and Ethereum<\/a>. There was a drop below the $0.1350 support zone.<\/p>\n
A low was formed at $0.1201 and DOGE is now consolidating losses. There was a minor recovery wave above the $0.1250 level. The price tested the 23.6% Fib retracement level of the downward move from the $0.1640 swing high to the $0.1201 low.<\/p>\n
However, the bears protected more gains above the $0.130 resistance. Dogecoin is also below the $0.1420 level and the 100 simple moving average (4 hours). On the upside, the price is facing resistance near the $0.130 level.<\/p>\n
$\"DOGE$ <\/a><\/p>\n
Source: DOGEUSD on TradingView.com<\/a><\/p>\n
The next major resistance is near the $0.1350 level. There is also a major bearish trend line forming with resistance at $0.1350 on the 4-hour chart of the DOGE\/USD pair. The main hurdle is at $0.1420. A close above the $0.1420 resistance and the 50% Fib retracement level of the downward move from the $0.1640 swing high to the $0.1201 low might send the price toward the $0.1550 resistance. Any more gains might send the price toward the $0.1620 level.<\/p>\n
More Losses in DOGE?<\/h2>\n
If DOGE\u2019s price fails to gain pace above the $0.1350 level, it could start another decline. Initial support on the downside is near the $0.1220 level.<\/p>\n
The next major support is near the $0.120 level. If there is a downside break below the $0.120 support, the price could decline further. In the stated case, the price might decline toward the $0.1040 level.<\/p>\n
Technical Indicators<\/p>\n
4 Hours MACD \u2013 The MACD for DOGE\/USD is now gaining momentum in the bearish zone.<\/p>\n
4 Hours RSI (Relative Strength Index) \u2013 The RSI for DOGE\/USD is now below the 50 level.<\/p>\n
Major Support Levels \u2013 $0.1240, $0.1200 and $0.1040.<\/p>\n
Major Resistance Levels \u2013 $0.1300, $0.1350, and $0.1420.<\/p>\n","protected":false},"excerpt":{"rendered":"
Dogecoin extended losses and traded below the $0.1350 resistance zone against the US Dollar. DOGE is now testing an important support at $0.1200. DOGE gained bearish momentum below the $0.140 and $0.1350 levels against the US dollar. The price is trading below the $0.1350 level and the 100 simple moving average (4 hours). There is a major bearish trend line forming with resistance at $0.1350 on the 4-hour chart of the DOGE\/USD pair (data source from Kraken). The price must settle above $0.1420 to move into a positive zone and start a fresh surge. Dogecoin Price Extends Losses After a close below $0.150, Dogecoin price extended losses and moved into a short-term bearish zone, like Bitcoin and Ethereum. There was a drop below the $0.1350 support zone. A low was formed at $0.1201 and DOGE is now consolidating losses. There was a minor recovery wave above the $0.1250 level. The price tested the 23.6% Fib retracement level of the downward move from the $0.1640 swing high to the $0.1201 low. However, the bears protected more gains above the $0.130 resistance. Dogecoin is also below the $0.1420 level and the 100 simple moving average (4 hours). On the upside, the price is facing resistance near the $0.130 level. Source: DOGEUSD on TradingView.com The next major resistance is near the $0.1350 level. There is also a major bearish trend line forming with resistance at $0.1350 on the 4-hour chart of the DOGE\/USD pair. The main hurdle is at $0.1420. A close above the $0.1420 resistance and the 50% Fib retracement level of the downward move from the $0.1640 swing high to the $0.1201 low might send the price toward the $0.1550 resistance. Any more gains might send the price toward the $0.1620 level. More Losses in DOGE? If DOGE\u2019s price fails to gain pace above the $0.1350 level, it could start another decline. Initial support on the downside is near the $0.1220 level. The next major support is near the $0.120 level. If there is a downside break below the $0.120 support, the price could decline further. In the stated case, the price might decline toward the $0.1040 level. Technical Indicators 4 Hours MACD \u2013 The MACD for DOGE\/USD is now gaining momentum in the bearish zone. 4 Hours RSI (Relative Strength Index) \u2013 The RSI for DOGE\/USD is now below the 50 level. Major Support Levels \u2013 $0.1240, $0.1200 and $0.1040. Major Resistance Levels \u2013 $0.1300, $0.1350, and $0.1420.<\/p>\n","protected":false},"author":67,"featured_media":547606,"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-606118","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-dogebtc","tag-dogecoin","tag-dogeusd","tag-dogeusdt"],"acf":[],"yoast_head":"\nDOGE Price Prediction \u2013 Dogecoin Reaches Make-or-Breaks Levels<\/title>\n<meta name=\"description\" content=\"Dogecoin extended losses and traded below the $0.1350 resistance zone 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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