DOGE Price Prediction – Dogecoin Recovery Could Stall At $0.170

Apr 22, 2024 06:00 am Cryptocurrency 97

Dogecoin is attempting a recovery wave above the $0.150 resistance zone against the US Dollar. DOGE could struggle to clear the $0.170 resistance zone.

DOGE started a recovery wave from the $0.1280 support zone against the US dollar.

The price is trading above the $0.1500 level and the 100 simple moving average (4 hours).

There is a key bearish trend line forming with resistance at $0.170 on the 4-hour chart of the DOGE/USD pair (data source from Kraken).

The price must settle above $0.170 to move into a positive zone and start a fresh surge.

Dogecoin Price Faces Hurdles

After a major decline, Dogecoin price found support at $0.1280. A low was formed at $0.1283 and DOGE started a decent recovery wave, like Bitcoin and Ethereum. There was a move above the $0.1350 and $0.140 resistance levels.

The price climbed above the 23.6% ..

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