{"id":35897,"date":"2025-01-15T05:08:42","date_gmt":"2025-01-15T05:08:42","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=35897"},"modified":"2025-01-15T05:08:42","modified_gmt":"2025-01-15T05:08:42","slug":"dogecoin-doge-finds-its-footing-bulls-regain-traction","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=35897","title":{"rendered":"Dogecoin (DOGE) Finds Its Footing: Bulls Regain Traction"},"content":{"rendered":"

Dogecoin started a fresh increase above the $0.350 zone against the US Dollar. DOGE is now consolidating and might climb further if it clears the $0.3650 resistance.<\/em><\/p>\n

DOGE price started a fresh increase above $0.3420 and $0.350.
\nThe price is trading above the $0.350 level and the 100-hourly simple moving average.
\nThere was a break above a connecting bearish trend line with resistance at $0.3350 on the hourly chart of the DOGE\/USD pair (data source from Kraken).
\nThe price could continue to rise if it clears the $0.3650 and $0.3720 resistance levels.<\/p>\n

Dogecoin Price Rises Steadily<\/h2>\n

Dogecoin price started a fresh increase after it cleared the $0.320 resistance zone, like Bitcoin<\/a> and Ethereum<\/a>. DOGE was able to clear the $0.3420 and $0.350 resistance levels.<\/p>\n

Besides, there was a break above a connecting bearish trend line with resistance at $0.3350 on the hourly chart of the DOGE\/USD pair. The pair surpassed the 76.4% Fib retracement level of the downward move from the $0.3478 swing high to the $0.3096 low.<\/p>\n

Dogecoin price is now trading above the $0.350 level and the 100-hourly simple moving average. It is also above the 1.236 Fib extension level of the downward move from the $0.3478 swing high to the $0.3096 low.<\/p>\n

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

Immediate resistance on the upside is near the $0.3650 level. The first major resistance for the bulls could be near the $0.3720 level. The next major resistance is near the $0.380 level. A close above the $0.380 resistance might send the price toward the $0.3920 resistance. Any more gains might send the price toward the $0.40 level. The next major stop for the bulls might be $0.420.<\/p>\n

Another Decline In DOGE?<\/h2>\n

If DOGE\u2019s price fails to climb above the $0.3650 level, it could start another decline. Initial support on the downside is near the $0.3550 level. The next major support is near the $0.3460 level.<\/p>\n

The main support sits at $0.3380. If there is a downside break below the $0.3380 support, the price could decline further. In the stated case, the price might decline toward the $0.3120 level or even $0.3080 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 $0.3550 and $0.3460.<\/p>\n

Major Resistance Levels \u2013 $0.3650 and $0.3800.<\/p>","protected":false},"excerpt":{"rendered":"

Dogecoin started a fresh increase above the $0.350 zone against the US Dollar. DOGE is now consolidating and might climb further if it clears the $0.3650 resistance. DOGE price started a fresh increase above $0.3420 and $0.350. The price is trading above the $0.350 level and the 100-hourly simple moving average. There was a break […]<\/p>\n","protected":false},"author":0,"featured_media":35898,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-35897","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\/35897"}],"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=35897"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/35897\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/35898"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=35897"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=35897"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=35897"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}