Dogecoin has started a recent augment compared to the USD 0.1650 zone in relation to the US dollar. Doge is now gaining a pace and can augment towards the zone 0.185 USD.
- The Doge price began a recent augment above USD 0.170 and USD 0.172.
- The price is sold above 0.1750 USD and 100-hour straight movable average.
- There is a connecting trend line with the $ 0.1740 service on the Doge/USD hour chart (data source from Kraken).
- The price may start a recent augment if it cleans the $ 0.180 resistance zone.
The Dogecoin price is higher
The price of Dogecoin has started a recent augment after the sense of support near $ 0.1650, such as Bitcoin and Ethereum. Doge has climbed and recovered above the resistance zone of USD 0.170.
The bulls even exceeded the price above 50% of the downfall withdrawal levels down from a height of 0.1843 USD to a low level of USD 0.1642. In addition, there is a combination of a stubborn trends with support in the amount of USD 0.1740 on the Doge/USD hour chart.
The Dogecoin price is now exceeding USD 0.1750 and a 100-hour straight movable average. Immediate resistance at the top is close to USD 0.1780.
The first high resistance for bulls can be close to 0.1790 USD and 76.4% of the level of withdrawal of FIB down movement from the height of a swing worth 0.1843 USD to a low level 0.1642 USD. The next main resistance is close to USD 0.1840. Closing above the resistance in the amount of USD 0.1840 may send a price up to $ 0.1880. Any profits can send a price of USD 0.1920. Another critical stop for Bulls can be 0.200 USD.
Another decrease in dog?
If the Doge price does not augment above USD 0.1790, it may start another decrease. Initial support in the minus is close to USD 0.1740. Another grave support is close to USD 0.1720.
The main support is 0.1650 USD. If there is a break below USD 0.1650 support, the price may fall. In the given case, the price may drop compared to USD 0.1550 or even $ 0.1450 in the near future.
Technical indicators
MACD – MacD for DOGE/USD is now gaining momentum in the stubborn zone.
RSI hours (relative strength indicator) – RSI for DOGE/USD is now above level 50.
Main support levels – USD 0.1740 and USD 0.1720.
Main resistance levels – 0.1790 USD and 0.1850 USD.
