Dogecoin Price (DOGE) Eyes Impressive Gains: Will It Break Through?

Jul 29, 2024 08:00 am Cryptocurrency 46

Dogecoin started a steady increase from the $0.1280 zone against the US Dollar. DOGE could gain pace if it clears the $0.1360 resistance zone.

DOGE price is eyeing more gains above the $0.1350 resistance zone.

The price is trading above the $0.1320 level and the 100-hourly simple moving average.

There is a key bearish trend line forming with resistance at $0.1362 on the hourly chart of the DOGE/USD pair (data source from Kraken).

The price could continue to move up if it clears the $0.1360 resistance zone.

Dogecoin Price Eyes Upside Break, Can It Follow Bitcoin’s Rise?

After a short-term pullback, Dogecoin price found support near the $0.1280 zone. A low was formed at $0.1282 and DOGE price is now rising. There was a move above the $0.130 resistance zone.

The price surpassed the 50% Fib retracement level of the downward move from the $0.1386 swing high to the $0.1282 low. However, DOGE is well behind Bi ..

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