{"id":18226,"date":"2024-11-06T05:08:37","date_gmt":"2024-11-06T05:08:37","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=18226"},"modified":"2024-11-06T05:08:37","modified_gmt":"2024-11-06T05:08:37","slug":"dogecoin-doge-jumps-10-is-more-upside-ahead","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=18226","title":{"rendered":"Dogecoin (DOGE) Jumps 10%+: Is More Upside Ahead?"},"content":{"rendered":"

Dogecoin started a fresh surge above the $0.180 resistance against the US Dollar. DOGE could continue to rise if it clears the $0.2200 resistance.<\/em><\/p>\n

DOGE price started a fresh rally like Bitcoin and climbed above the $0.180 resistance level.
\nThe price is trading above the $0.1800 level and the 100-hourly simple moving average.
\nThere was a break above a key bearish trend line with resistance at $0.1620 on the hourly chart of the DOGE\/USD pair (data source from Kraken).
\nThe price could continue to rally if it clears the $0.2150 and $0.2200 resistance levels.<\/p>\n

Dogecoin Price Eyes More Gains<\/h2>\n

Dogecoin price started a fresh surge after it reclaimed the $0.1650 resistance like Bitcoin<\/a> and Ethereum<\/a>. DOGE was able to gain pace for a move above the $0.1800 and $0.1850 resistance levels.<\/p>\n

There was a break above a key bearish trend line with resistance at $0.1620 on the hourly chart of the DOGE\/USD pair. The pair even surged above $0.2000. A high is formed at $0.2200 and the price is now consolidating above the 23.6% Fib retracement level of the upward move from the $0.1654 swing low to the $0.2200 high.<\/p>\n

Dogecoin price is now trading above the $0.200 level and the 100-hourly simple moving average. Immediate resistance on the upside is near the $0.2150 level. The next major resistance is near the $0.220 level.<\/p>\n

<\/a><\/p>\n

A close above the $0.220 resistance might send the price toward the $0.2320 resistance. Any more gains might send the price toward the $0.2420 level. The next major stop for the bulls might be $0.250.<\/p>\n

Are Dips Supported In DOGE?<\/h2>\n

If DOGE\u2019s price fails to climb above the $0.2150 level, it could start another decline. Initial support on the downside is near the $0.2080 level. The next major support is near the $0.1920 level or the 50% Fib retracement level of the upward move from the $0.1654 swing low to the $0.2200 high.<\/p>\n

The main support sits at $0.1780. If there is a downside break below the $0.1780 support, the price could decline further. In the stated case, the price might decline toward the $0.1650 level or even $0.1620 in the near term.<\/p>\n

Technical Indicators<\/p>\n

Hourly MACD \u2013 The MACD for DOGE\/USD is now gaining momentum in the bearish zone.<\/p>\n

Hourly RSI (Relative Strength Index) \u2013 The RSI for DOGE\/USD is now above the 50 level.<\/p>\n

Major Support Levels \u2013 $0.2080 and $0.1920.<\/p>\n

Major Resistance Levels \u2013 $0.2150 and $0.2200.<\/p>","protected":false},"excerpt":{"rendered":"

Dogecoin started a fresh surge above the $0.180 resistance against the US Dollar. DOGE could continue to rise if it clears the $0.2200 resistance. DOGE price started a fresh rally like Bitcoin and climbed above the $0.180 resistance level. The price is trading above the $0.1800 level and the 100-hourly simple moving average. There was […]<\/p>\n","protected":false},"author":0,"featured_media":18227,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-18226","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/18226"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=18226"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/18226\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/18227"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=18226"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=18226"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=18226"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}