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Home»BITCOIN NEWS»Dogecoin (DOGE) Signal New Rising Movement: Can BULLS take responsibility?
BITCOIN NEWS

Dogecoin (DOGE) Signal New Rising Movement: Can BULLS take responsibility?

By Crypto FlexsJanuary 30, 20253 Mins Read
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Dogecoin (DOGE) Signal New Rising Movement: Can BULLS take responsibility?
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Dogecoin found $ 0.3050 support and restored some losses for US dollars. Doges are currently increasing and can be aimed at $ 0.350 or more.

  • Doge Price has begun to increase higher than $ 0.315 and $ 0.320.
  • The price is traded near the $ 0.3320 level and a simple average moving average for 100 hours.
  • In the Doge/USD pair, there was a break from the main weaker trend lines with a resistance of $ 0.330 in the time chart (Krake’s data source).
  • The price is $ 0.340 and $ 0.3480, you can start another increase.

Dogecoin Price is higher

Dogecoin Price has begun a new reduction in the $ 0.3850 resistance area, unlike Bitcoin and Ethereum. The DOGE fell below the level of $ 0.3500 and $ 0.3350. It even surged to less than $ 0.320.

The minimum is formed at $ 0.3052, and the price is currently rising more than 50% FIB reversal levels from $ 0.3599 swing high to $ 0.3052. There was a break from the main weakness lines with a $ 0.330 resistance on the time chart of Doge/USD pairs.

Dogecoin Price is currently trading over $ 0.330 and a simple average moving average of 100 hours. The immediate resistance of the rise is close to $ 0.3390 and is close to 61.8% FIB reversal of downward movements to $ 0.3599 low to $ 0.3052.

The first main resistance of the bull may be close to $ 0.3480. The following main resistance is close to $ 0.3550. Due to more than $ 0.3550, the price can be sent to $ 0.3660. No more profit can spend the price to $ 0.3880. The next main stop of the bull can be $ 0.40.

Another decrease in Doge?

Another decrease may begin if the price of the Doge does not rise to $ 0.340 or more. The initial support of the shortcomings is close to $ 0.3250. The next major support is close to $ 0.3150.

The main support is $ 0.3150. If the shortcomings are discontinued than the $ 0.3150, the price may fall further. If specified, the price can fall to $ 0.3020 or $ 0.300 in the short term.

Technical indicator

MACD -DOGE/USD MACD is now gaining momentum in the strong zone.

Time RSI (Relative Strength Index) -RSI of Doge/USD now exceeds 50 levels.

Major support levels -$ 0.3250 and $ 0.3150.

Main resistance level -$ 0.3400 and $ 0.3480.

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