NewsBTC 2026-03-16 05:18:55

Dogecoin (DOGE) Strength Builds as Traders Anticipate Breakout

Dogecoin started a major increase above $0.0950 against the US Dollar. DOGE is now consolidating and might aim for an upside break above $0.1020. DOGE price started a fresh increase above $0.0980 and $0.10. The price is trading above the $0.0988 level and the 100-hourly simple moving average. There is a bullish trend line forming with support at $0.0955 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could aim for a fresh increase if it remains stable above $0.0955. Dogecoin Price Aims Higher Dogecoin price started a fresh increase after it settled above $0.0965, like Bitcoin and Ethereum . DOGE climbed above the $0.0980 resistance to enter a positive zone. The bulls were able to push the price above $0.10. A high was formed at $0.1013 and the price is now consolidating gains above the 23.6% Fib retracement level of the upward move from the $0.0940 swing low to the $0.1013 high. Dogecoin price is now trading above the $0.0985 level and the 100-hourly simple moving average. Besides, there is a bullish trend line forming with support at $0.0955 on the hourly chart of the DOGE/USD pair. If there is another increase, immediate resistance on the upside is near the $0.1020 level. The first major resistance for the bulls could be near the $0.1050 level. The next major resistance is near the $0.1080 level. A close above the $0.1080 resistance might send the price toward $0.1120. Any more gains might send the price toward $0.120. The next major stop for the bulls might be $0.1220. Another Decline In DOGE? If DOGE’s price fails to climb above the $0.1020 level, it could start a downside correction. Initial support on the downside is near the $0.0995 level. The next major support is near the $0.0978 level or the 50% Fib retracement level of the upward move from the $0.0940 swing low to the $0.1013 high. The main support sits at $0.0955. If there is a downside break below the $0.0955 support, the price could decline further. In the stated case, the price might slide toward the $0.0940 level or even $0.0920 in the near term. Technical Indicators Hourly MACD – The MACD for DOGE/USD is now losing momentum in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for DOGE/USD is now above the 50 level. Major Support Levels – $0.0978 and $0.0955. Major Resistance Levels – $0.1020 and $0.1080.

Наиболее читаемые новости

USD/CAD Analysis: Oil Provides Crucial Suppor...
2026-03-16
Federal Reserve Holds Rates Firm Amid Stubbor...
2026-03-16
Why is AAVE rising after a $50M crypto swap d...
2026-03-16
USD/JPY Analysis: Critical Volatile Test of 1...
2026-03-16
Australian Senate committee backs new crypto...
2026-03-16
Crude Prices Rise Over $100 as Trump Mulls At...
2026-03-16
Strategic Move: ShapeShift CEO Erik Voorhees...
2026-03-16
Bithumb Announces Crucial AKT Suspension for...
2026-03-16

Прочтите Отказ от ответственности : Весь контент, представленный на нашем сайте, гиперссылки, связанные приложения, форумы, блоги, учетные записи социальных сетей и другие платформы («Сайт») предназначен только для вашей общей информации, приобретенной у сторонних источников. Мы не предоставляем никаких гарантий в отношении нашего контента, включая, но не ограничиваясь, точность и обновление. Никакая часть содержания, которое мы предоставляем, представляет собой финансовый совет, юридическую консультацию или любую другую форму совета, предназначенную для вашей конкретной опоры для любых целей. Любое использование или доверие к нашему контенту осуществляется исключительно на свой страх и риск. Вы должны провести собственное исследование, просмотреть, проанализировать и проверить наш контент, прежде чем полагаться на них. Торговля - очень рискованная деятельность, которая может привести к серьезным потерям, поэтому проконсультируйтесь с вашим финансовым консультантом, прежде чем принимать какие-либо решения. Никакое содержание на нашем Сайте не предназначено для запроса или предложения