Dogecoin (DOGE) Eyes Acceleration: Will It Climb Higher?

Sep 19, 2024 06:00 am Cryptocurrency 13

Dogecoin started a fresh increase from the $0.0985 support against the US Dollar. DOGE could gain pace if it clears the $0.1085 resistance.

DOGE price is eyeing an upside break above $0.1085.

The price is trading above the $0.100 level and the 100-hourly simple moving average.

There was a break above a key bearish trend line with resistance at $0.1030 on the hourly chart of the DOGE/USD pair (data source from Kraken).

The price could rally if it clears the $0.1060 and $0.1085 resistance levels.

Dogecoin Price Rises Again

After a steady decline, Dogecoin price found support near the $0.0985 level. A base was formed, and DOGE started a decent upward move like Bitcoin and Ethereum. There was a move above the $0.1020 and $0.1040 resistance levels.

Besides, there was a break above a key bearish trend line with resistance at $0.1030 ..

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