Dogecoin (DOGE) is experiencing a surge in price, surpassing several resistance levels and gaining traction against Bitcoin and Ethereum. After reaching a high of $0.1467, there was a minor correction, but the bulls remain active above the $0.1350 level. A key bullish trend line is forming at $0.1420, and DOGE is currently trading above the $0.1320 level and the 100-hourly simple moving average. If the price breaks above the $0.1480 resistance, it could continue its upward movement towards $0.1520 and $0.1550. However, if it fails to climb above $0.1465, it may start another decline, with initial support at $0.1420. The main support levels are at $0.1335 and $0.1250. The technical indicators suggest a bullish momentum with the MACD and RSI both showing positive signs.
- Content Editor ( newsbtc.com )
- 2024-10-21
Dogecoin (DOGE) Sets Sights on $0.150: Will The Rally Take Off?