Dogecoin Price Prediction: DOGE Signals Fresh Rally If It Clears 100 SMA

Jun 21, 2023 06:00 am Cryptocurrency 104

Dogecoin is gaining bullish momentum above the $0.062 resistance against the US Dollar. DOGE could rally if it clears the 100 SMA (H4).

DOGE is currently showing positive signs above $0.0620 resistance against the US dollar.

The price is trading below the $0.064 zone and the 100 simple moving average (4 hours).

There was a break above a key bearish trend line with resistance near $0.0620 on the 4-hours chart of the DOGE/USD pair (data source from Kraken).

The pair could start a fresh rally if it clears the $0.064 resistance zone.

Dogecoin Price Could Rally 5%

After forming a base above the $0.0550 level, Dogecoin’s price started a decent increase. DOGE was able to clear the $0.0580 and $0.060 resistance levels.

In the past two sessions, there were bullish moves in Bitcoin and Ethereum, sparking a decent increase in ..

Support the originator by clicking the read the rest link below.