Dogecoin (DOGE) Signals New Upside Move: Can Bulls Take Charge?
Dogecoin’s support was $ 0.3050 and repaid the loss of the dollar. Doge is now rising, and the goal may be more than $ 0.350.
- The total price of the door rose higher than the level of $ 0.315 and $ 0.320.
- The price of the price is close to the level of $ 0.3320 and a simple moving average of 100 hours.
- Breakthroughs on the decoction line, the resistance is $ 0.330, and the Doge/USD (Kraken data source) chart per hour is $ 0.330.
- If the price is removed at a resistance of $ 0.340 and $ 0.3480, the price may increase again.
The goal of Dogecoin price is higher
Dogecoin price starts from a resistance area of ​​$ 0.3850 Bitcoin and EthereumEssence DOGE declines below $ 0.3500 and 0.3350 US dollars. It is even less than $ 0.320.
The low point is formed at a price of $ 0.3052. The current price is rising to a decrease of 50 % of the FIB recycling level, from a swinging speed of $ 0.3599 to 0.3052 $ 0.3052. It mainly depends on the breakthrough on the trend line, the resistance is $ 0.330, on the hourly chart of the Doge/USD pair.
The current transaction price of Dogecoin is higher than the level of $ 0.330 and a simple moving average of 100 hours. The immediately rising resistance is close to the level of $ 0.3390, while the decreased 61.8 % FIB recycling level has been from a autumn of $ 0.3599 to $ 0.3052 low.
The first main resistance of the bull may be close to the level of $ 0.3480. The next main resistance is nearly $ 0.3550. The closure of resistance than $ 0.3550 may transfer the price to the resistance of $ 0.3660. More returns may transfer the price to a level of $ 0.3880. The next main site of the Bulls may be $ 0.40.
Another decline in Governor?
If the price of Doge cannot climb to more than $ 0.340, it may decrease again. The initial support of the disadvantages is close to $ 0.3250. The next main support is close to $ 0.3150.
The main support is $ 0.3150. If the disadvantage of support of $ 0.3150 is lower, the price may be further decreased. In the case of statement, the price may fall to $ 0.3020 or even $ 0.300 in the short term.
Technical indicator
MACD -DOGE/USD’s MACD is now being motivated to watch the bullish area.
RSI (relative strength index) -Doge/USD RSI is now higher than level 50.
Main support level-$ 0.3250 and 0.3150 US dollars.
The main resistance level-$ 0.3400 and 0.3480 US dollars.
