Dogecoin (DOGE) Breaks Key Support, But Bulls Aren’t Backing Down

Sep 26, 2024 08:00 am Cryptocurrency 11

Dogecoin failed to surpass $0.1120 and corrected gains against the US Dollar. DOGE bulls are active near $0.1080 and might push it higher again.

DOGE price is eyeing an upside break above $0.1120.

The price is trading above the $0.1080 level and the 100-hourly simple moving average.

There was a break below a key bullish trend line with support at $0.1090 on the hourly chart of the DOGE/USD pair (data source from Kraken).

The price could start another increase if it clears the $0.1100 and $0.1120 resistance levels.

Dogecoin Price Eyes Upside Break

Dogecoin price extended its increase above the $0.1100 resistance zone. It even spiked above $0.1110 before the bears appeared. DOGE started a downside correction from the $0.1111 high like Bitcoin and Ethereum.

There was a move below the $0.1100 and $0.1095 levels. The price dipped below the 23.6% Fib retracement ..

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