{"id":186,"date":"2024-08-22T13:18:33","date_gmt":"2024-08-22T13:18:33","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=186"},"modified":"2024-08-22T13:18:33","modified_gmt":"2024-08-22T13:18:33","slug":"dogecoin-price-doge-poised-to-surge-if-this-support-holds","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=186","title":{"rendered":"Dogecoin Price (DOGE) Poised To Surge If This Support Holds"},"content":{"rendered":"

Dogecoin started a fresh increase above the $0.100 resistance against the US Dollar. DOGE is rising and might gain pace for a move above $0.1080.<\/em><\/p>\n

DOGE price is climbing higher from the $0.0980 support zone.
\nThe price is trading above the $0.1050 level and the 100-hourly simple moving average.
\nThere is a key bullish trend line forming with support near $0.1050 on the hourly chart of the DOGE\/USD pair (data source from Kraken).
\nThe price could start a fresh increase above the $0.1080 resistance zone.<\/p>\n

Dogecoin Price Starts Fresh Increase<\/h2>\n

In the past few sessions, Dogecoin price saw a decent increase from the $0.0950 zone like Bitcoin<\/a> and Ethereum<\/a>. The price was able to clear the $0.100 and $0.1020 resistance levels.<\/p>\n

The bulls even pushed it above $0.1050 and the 100-hourly simple moving average. A high was formed at $0.1079 before there was a pullback. The price declined below the $0.1060 level. The price even declined below the 50% Fib retracement level of the upward move from the $0.1020 swing low to the $0.1079 high.<\/p>\n

However, the bulls are active near the $0.1040 level. They protected the 61.8% Fib retracement level of the upward move from the $0.1020 swing low to the $0.1079 high.<\/p>\n

Besides, there is a key bullish trend line forming with support near $0.1050 on the hourly chart of the DOGE\/USD pair. Dogecoin price is again rising and trading above the $0.1050 level. Immediate resistance on the upside is near the $0.1072 level.<\/p>\n

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

The next major resistance is near the $0.1080 level. A close above the $0.1080 resistance might send the price toward the $0.1120 resistance. Any more gains might send the price toward the $0.1200 level. The next major stop for the bulls might be $0.1350.<\/p>\n

More Downsides In DOGE?<\/h2>\n

If DOGE\u2019s price fails to climb above the $0.1080 level, it could start another downside correction. Initial support on the downside is near the $0.1055 level. The next major support is near the $0.1035 level.<\/p>\n

The main support sits at $0.1020. If there is a downside break below the $0.1020 support, the price could decline further. In the stated case, the price might decline toward the $0.0950 level or even $0.0920 in the near term.<\/p>\n

Technical Indicators<\/p>\n

Hourly MACD \u2013 The MACD for DOGE\/USD is now gaining momentum in the bullish 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 $0.1035 and $0.1020.<\/p>\n

Major Resistance Levels \u2013 $0.1080 and $0.1120.<\/p>","protected":false},"excerpt":{"rendered":"

Dogecoin started a fresh increase above the $0.100 resistance against the US Dollar. DOGE is rising and might gain pace for a move above $0.1080. DOGE price is climbing higher from the $0.0980 support zone. The price is trading above the $0.1050 level and the 100-hourly simple moving average. There is a key bullish trend […]<\/p>\n","protected":false},"author":1,"featured_media":187,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-186","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\/186"}],"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"}],"author":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=186"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/186\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/187"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=186"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=186"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=186"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}