{"id":1186,"date":"2024-11-11T06:00:22","date_gmt":"2024-11-11T06:00:22","guid":{"rendered":"https:\/\/ad-doge.com\/blog\/dogecoin-doge-soars-50-in-a-flash-is-more-upside-ahead\/"},"modified":"2024-11-11T06:00:22","modified_gmt":"2024-11-11T06:00:22","slug":"dogecoin-doge-soars-50-in-a-flash-is-more-upside-ahead","status":"publish","type":"post","link":"https:\/\/ad-doge.com\/blog\/dogecoin-doge-soars-50-in-a-flash-is-more-upside-ahead\/","title":{"rendered":"Dogecoin (DOGE) Soars 50% In a Flash: Is More Upside Ahead?"},"content":{"rendered":"<p><em>Dogecoin started a fresh surge above the $0.220 resistance against the US Dollar. DOGE is up over 50% and is showing signs of more upsides.<\/em><\/p>\n<ul>\n<li>DOGE price started a fresh rally like Bitcoin and climbed above the $0.220 resistance level.<\/li>\n<li>The price is trading above the $0.2800 level and the 100-hourly simple moving average.<\/li>\n<li>There is a key bullish trend line forming with support at $0.280 on the hourly chart of the DOGE\/USD pair (data source from Kraken).<\/li>\n<li>The price could continue to rally if it clears the $0.3050 and $0.3120 resistance levels.<\/li>\n<\/ul>\n<h2>Dogecoin Price Eyes More Gains<\/h2>\n<p>Dogecoin price started a fresh surge after it reclaimed the $0.200 resistance like Bitcoin and Ethereum. DOGE was able to gain pace for a move above the $0.2200 and $0.250 resistance levels.<\/p>\n<p>The pair even surged above $0.3000. A high is formed at $0.3036 and the price is now consolidating above the 23.6% Fib retracement level of the upward move from the $0.2013 swing low to the $0.3036 high. There is also a key bullish trend line forming with support at $0.280 on the hourly chart of the DOGE\/USD pair.<\/p>\n<p>Dogecoin price is now trading above the $0.2880 level and the 100-hourly simple moving average. Immediate resistance on the upside is near the $0.300 level. The next major resistance is near the $0.3050 level.<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" class=\"wp-image-652489 size-full\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2024\/11\/Doegcoin-DOGE_4dab00.png?resize=1024%2C478\" alt=\"Dogecoin Price \" width=\"1024\" height=\"478\" loading=\"lazy\" \/><\/p>\n<p>A close above the $0.3050 resistance might send the price toward the $0.3120 resistance. Any more gains might send the price toward the $0.34500 level. The next major stop for the bulls might be $0.350.<\/p>\n<h2>Are Dips Limited In DOGE?<\/h2>\n<p>If DOGE\u2019s price fails to climb above the $0.3050 level, it could start a downside correction. Initial support on the downside is near the $0.280 level and the trend line. The next major support is near the $0.2680 level.<\/p>\n<p>The main support sits at $0.2550 or the 50% Fib retracement level of the upward move from the $0.2013 swing low to the $0.3036 high. If there is a downside break below the $0.2550 support, the price could decline further. In the stated case, the price might decline toward the $0.2420 level or even $0.2350 in the near term.<\/p>\n<p>Technical Indicators<\/p>\n<p>Hourly MACD \u2013 The MACD for DOGE\/USD is now gaining momentum in the bullish zone.<\/p>\n<p>Hourly RSI (Relative Strength Index) \u2013 The RSI for DOGE\/USD is now above the 50 level.<\/p>\n<p>Major Support Levels \u2013 $0.280 and $0.2680.<\/p>\n<p>Major Resistance Levels \u2013 $0.3000 and $0.3050.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Dogecoin started a fresh surge above the $0.220 resistance against the US Dollar. DOGE is up over 50% and is showing signs of more upsides. DOGE price started a fresh rally like Bitcoin and climbed above the $0.220 resistance level. The price is trading above the $0.2800 level and the 100-hourly simple moving average. There&hellip;<\/p>\n","protected":false},"author":1,"featured_media":1187,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[139],"tags":[63,145,65,146,66,147],"class_list":["post-1186","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-doge","tag-doge","tag-doge-btc","tag-dogecoin","tag-dogeusd","tag-dogeusdt","tag-meme-coin"],"_links":{"self":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/1186","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/comments?post=1186"}],"version-history":[{"count":0,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/1186\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media\/1187"}],"wp:attachment":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media?parent=1186"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/categories?post=1186"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/tags?post=1186"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}