{"id":218,"date":"2024-10-07T06:54:48","date_gmt":"2024-10-07T06:54:48","guid":{"rendered":"https:\/\/ad-doge.com\/blog\/dogecoin-doge-leaps-higher-can-the-momentum-last\/"},"modified":"2024-10-07T06:54:48","modified_gmt":"2024-10-07T06:54:48","slug":"dogecoin-doge-leaps-higher-can-the-momentum-last","status":"publish","type":"post","link":"https:\/\/ad-doge.com\/blog\/dogecoin-doge-leaps-higher-can-the-momentum-last\/","title":{"rendered":"Dogecoin (DOGE) Leaps Higher: Can The Momentum Last?"},"content":{"rendered":"<p><em>Dogecoin is recovering losses from the $0.1020 zone against the US Dollar. DOGE is now showing positive signs and might clear the $0.1165 resistance.<\/em><\/p>\n<ul>\n<li>DOGE price started a fresh increase above the $0.1100 resistance level.<\/li>\n<li>The price is trading above the $0.1120 level and the 100-hourly simple moving average.<\/li>\n<li>There was a break above a major bearish trend line with resistance at $0.1100 on the hourly chart of the DOGE\/USD pair (data source from Kraken).<\/li>\n<li>The price could gain bullish momentum if it clears the $0.1165 and $0.1180 resistance levels.<\/li>\n<\/ul>\n<h2>Dogecoin Price Starts Recovery<\/h2>\n<p>Dogecoin price declined toward the $0.100 support. DOGE traded as low as $0.1012 and recently started a fresh increase like Bitcoin and Ethereum. There was a move above the $0.1060 and $0.1080 resistance levels.<\/p>\n<p>The price surpassed the $0.1120 resistance level. There was a break above a major bearish trend line with resistance at $0.1100 on the hourly chart of the DOGE\/USD pair. It traded above the 23.6% Fib retracement level of the downward wave from the $0.1320 swing high to the $0.1012 low.<\/p>\n<p>Dogecoin price is now trading above the $0.1120 level and the 100-hourly simple moving average. Immediate resistance on the upside is near the $0.1165 level. It is close to the 50% Fib retracement level of the downward wave from the $0.1320 swing high to the $0.1012 low.<\/p>\n<p><img data-recalc-dims=\"1\" decoding=\"async\" class=\"wp-image-646611 size-full\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2024\/10\/Doegcoin-DOGE_a25f43.png?resize=1024%2C478\" alt=\"Dogecoin Price\" width=\"1024\" height=\"478\" srcset=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2024\/10\/Doegcoin-DOGE_a25f43.png?w=1835 1835w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2024\/10\/Doegcoin-DOGE_a25f43.png?w=460 460w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2024\/10\/Doegcoin-DOGE_a25f43.png?w=768 768w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2024\/10\/Doegcoin-DOGE_a25f43.png?w=860 860w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2024\/10\/Doegcoin-DOGE_a25f43.png?w=1536 1536w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2024\/10\/Doegcoin-DOGE_a25f43.png?w=750 750w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2024\/10\/Doegcoin-DOGE_a25f43.png?w=1140 1140w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\" loading=\"lazy\"\/><\/p>\n<p>The next major resistance is near the $0.1180 level. A close above the $0.1180 resistance might send the price toward the $0.1240 resistance. Any more gains might send the price toward the $0.1265 level. The next major stop for the bulls might be $0.1320.<\/p>\n<h2>Another Decline In DOGE?<\/h2>\n<p>If DOGE\u2019s price fails to climb above the $0.1165 level, it could start another decline. Initial support on the downside is near the $0.1120 level. The next major support is near the $0.1100 level.<\/p>\n<p>The main support sits at $0.1080. If there is a downside break below the $0.1080 support, the price could decline further. In the stated case, the price might decline toward the $0.1020 level or even $0.0980 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 $0.1120 and $0.1080.<\/p>\n<p>Major Resistance Levels \u2013 $0.1165 and $0.1240.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Dogecoin is recovering losses from the $0.1020 zone against the US Dollar. DOGE is now showing positive signs and might clear the $0.1165 resistance. DOGE price started a fresh increase above the $0.1100 resistance level. The price is trading above the $0.1120 level and the 100-hourly simple moving average. There was a break above a&hellip;<\/p>\n","protected":false},"author":1,"featured_media":219,"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-218","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\/218","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=218"}],"version-history":[{"count":0,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/218\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media\/219"}],"wp:attachment":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media?parent=218"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/categories?post=218"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/tags?post=218"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}