{"id":4743,"date":"2024-09-09T04:58:38","date_gmt":"2024-09-09T04:58:38","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=4743"},"modified":"2024-09-09T04:58:38","modified_gmt":"2024-09-09T04:58:38","slug":"dogecoin-doge-bulls-aim-to-clear-0-10-will-it-happen","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=4743","title":{"rendered":"Dogecoin (DOGE) Bulls Aim to Clear $0.10: Will It Happen?"},"content":{"rendered":"

Dogecoin started a recovery wave from the $0.0888 zone against the US Dollar. DOGE is rising and might even clear the $0.100 resistance zone.<\/em><\/p>\n

DOGE price is aiming for a fresh increase above $0.100.
\nThe price is trading above the $0.0950 level and the 100-hourly simple moving average.
\nThere was a break above a connecting bearish trend line with resistance at $0.0955 on the hourly chart of the DOGE\/USD pair (data source from Kraken).
\nThe price could gain bullish momentum if it clears the $0.0980 and $0.100 levels.<\/p>\n

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

After a major decline, Dogecoin price found support near the $0.0888 zone. The price formed a base and recently started a recovery wave like Bitcoin<\/a> and Ethereum<\/a>. There was a move above the $0.0920 and $0.0935 resistance levels.<\/p>\n

The price cleared the 50% Fib retracement level of the downward move from the $0.0994 swing high to the $0.0889 low. There was also a break above a connecting bearish trend line with resistance at $0.0955 on the hourly chart of the DOGE\/USD pair.<\/p>\n

Dogecoin price is now trading above the $0.0950 level and the 100-hourly simple moving average. Immediate resistance on the upside is near the $0.0970 level or the 76.4% Fib retracement level of the downward move from the $0.0994 swing high to the $0.0889 low.<\/p>\n

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

The next major resistance is near the $0.0995 level. A close above the $0.0995 resistance might send the price toward the $0.1050 resistance. Any more gains might send the price toward the $0.1150 level. The next major stop for the bulls might be $0.1200.<\/p>\n

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

If DOGE\u2019s price fails to climb above the $0.0995 level, it could start another decline. Initial support on the downside is near the $0.0938 level. The next major support is near the $0.0900 level.<\/p>\n

The main support sits at $0.0880. If there is a downside break below the $0.0880 support, the price could decline further. In the stated case, the price might decline toward the $0.0850 level or even $0.0835 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 $0.0938 and $0.0900.<\/p>\n

Major Resistance Levels \u2013 $0.0995 and $0.1050.<\/p>","protected":false},"excerpt":{"rendered":"

Dogecoin started a recovery wave from the $0.0888 zone against the US Dollar. DOGE is rising and might even clear the $0.100 resistance zone. DOGE price is aiming for a fresh increase above $0.100. The price is trading above the $0.0950 level and the 100-hourly simple moving average. There was a break above a connecting […]<\/p>\n","protected":false},"author":0,"featured_media":4744,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-4743","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\/4743"}],"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=4743"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/4743\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/4744"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4743"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4743"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4743"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}