Dogecoin Price Prediction: Doge Rally Faded But Not Likely Over

2023-4-6 09:53

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’s logo change, Dogecoin’s 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’s 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’s 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 – The MACD for DOGE/USD is now losing momentum in the bullish zone.

4 Hours RSI (Relative Strength Index) – The RSI for DOGE/USD is now above the 50 level.

Major Support Levels – $0.090, $0.085, and $0.075.

Major Resistance Levels – $0.0940, $0.0950, and $0.100.

origin »

Dogecoin (DOGE) на Currencies.ru

$ 0.1438 (+0.58%)
Объем 24H $1.217b
Изменеия 24h: -3.73 %, 7d: -6.41 %
Cегодня L: $0.1425 - H: $0.1482
Капитализация $23.23b Rank 9
Цена в час новости $ 0.0901458 (59.52%)

doge dogecoin traded find might above correcting

Источник: newsbtc.com

doge dogecoin → Результатов: 126


Фото:

Dogecoin bulls aim for $1, but these 2 meme coins will grow $500 into $15,000 before DOGE gets there

Dogecoin (DOGE) has always been the people’s crypto — a token born from internet culture that somehow turned into one of the most recognized digital assets in the world. The community is once again buzzing, with bullish traders predicting that DOGE could finally make its long-awaited push toward the $1 mark. But while that milestone […]

2025-10-21 11:40


Dogecoin Price Patterns: DOGE Remains Stable at $0.17, Investors Participate in Coldware Presale For Bigger ROI

As Dogecoin (DOGE) maintains its stable price of around $0. 17 amidst a fluctuating market, investors are increasingly turning to Coldware (COLD) for better long-term returns. Despite Dogecoin (DOGE)’s resilience and strong community support, Coldware (COLD) presents a more scalable and utility-driven solution, making it an attractive investment opportunity as the market braces for the next […] The post Dogecoin Price Patterns: DOGE Remains Stable at $0.

2025-3-22 19:00


дальше еще 77 новостей →

Партнеры Currencies.ru



Реклама на Currencies.ru

Самое свежее на Currencies.ru

What Happens If Dogecoin Moves Out Of This Massive Wyckoff Accumulation?

After hitting a new two-year peak back in 2024, the Dogecoin price had trended downward, and the result of this was a move into a major accumulation trend. Since then, the meme coin has been caught in this accumulation trend, with the majority of the price action favoring a bearish market.

Dogecoin Price Set For 1,200% Rally To $2.2 In This 3rd Run

So far in history, the Dogecoin price has seen two major price rallies that have led the meme coin to reach brand new all-time highs. Given this trend, the expectations are that the cryptocurrency could be getting ready for another rally like the last two bear markets.

Dogecoin Plunges To $0.18 As Whales Sell 440 Million DOGE

On-chain data shows the Dogecoin whales have participated in a significant amount of selling recently, a potential reason behind the memecoin’s decline. Dogecoin Whales Shed 440 Million Tokens Over Last 72 Hours As pointed out by analyst Ali Martinez in a new post on X, whales have reduced their Dogecoin supply over the past few days.

Could A Dogecoin ETF Be Launched This Week? This Expert Thinks So

The cryptocurrency market is closely watching Dogecoin this week as Nate Geraci, chairman and president of The ETF Store, says the first Dogecoin ETF could launch very soon, possibly within days. Meanwhile, market analyst Javon Marks predicts that the memecoin could be on the edge of a massive rally, which may bring huge gains of more than 860 percent for holders.