menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Dogecoin News

>

Dogecoin E...
source image

TronWeekly

2w

read

120

img
dot

Image Credit: TronWeekly

Dogecoin Eyes Breakout Rally, Can It Overtake $0.1750 Mark?

  • Dogecoin is showing bullish signs trading above $0.160 and the 100-hourly SMA, with resistance levels at $0.1680, $0.1750, and $0.397, potentially leading to a breakout above $0.40.
  • The DOGE/USDT pair has significant trading volume and a neutral-to-bullish RSI at 52.28, indicating a market sentiment favoring the bulls.
  • Dogecoin has surged past key resistance levels and is consolidating above support zones around $0.1420. Technical indicators suggest buyers are defending gains, with potential upward movements towards $0.40.
  • The formation of a rising channel pattern on the DOGE/USD hourly chart indicates potential resistance at $0.1680, with a breakout possibility towards $0.1750, $0.180, and $0.200 levels. Failure to sustain bullish momentum could lead to support tests at $0.1620 and $0.1550.

Read Full Article

like

7 Likes

For uninterrupted reading, download the app