Dogecoin found support at $ 0.3050 and recover some losses against the US dollar. Dog is now rising and may aim to more gains of more than $ 0.350.
- Doge Price has started a higher increase than $ 0.315 and $ 0.320.
- The price is traded near the level of $ 0.3320 and the simple moving average is 100 hours.
- There was a break over the main dumping line with resistance at 0.330 dollars on the watch graph for the DOGE/USD (data source from Kraken).
- The price can start another increase if it scans the resistance levels of $ 0.340 and $ 0.3480.
Dogecoin prices higher
Dogecoin Price has started a new decrease from the 0.3850 -dollar resistance area, unlike Bitcoin and Ethereum. Dog fell to less than $ 0.3500 and $ 0.3350 support. Until it rose less than $ 0.320.
A decrease has been formed at 0.3052 dollars, and prices are now raising higher than the REERRERMERERP level by 50 % of the declining move from the tower drop 0.3599 to 0.3052 dollars. There was a break over the main dumping line with resistance at 0.330 dollars on the watch chart for the DOGE/USD pair.
The DOGECOIN price is now trading higher than $ 0.330 and a simple moving average 100 hours. The immediate resistance is approaching the upper side of the level of $ 0.3390 and 61.8 % of the level of retail from the FIB from the bottom to the bottom 0.3599 to 0.3052 dollars.
The first main resistance of the oligarchy can be near the level of $ 0.3480. The next main resistance approaches the level of $ 0.3550. The closure of a higher resistance of $ 0.3550 may send the price to $ 0.3660. Any other gains may send the price to a level of $ 0.3880. The next main station may be $ 0.40.
Another retreat in Dog?
If the price of Dog fails to rise above the level of $ 0.340, another decrease may start. Initial support on the downside is near the level of $ 0.3250. The next main support is near the level of $ 0.3150.
The main support sits at $ 0.3150. If there is a break on the negative side less than $ 0.3150 support, the price may decrease more. In the specified case, the price may decrease towards a level of $ 0.3020 or even $ 0.300 in the short term.
Technical indicators
Every MACD Watch – MACD is acquired for Doge/USD the momentum now in the upper area.
RSI Hour (Relative Power Index) – RSI for DOGE/USD is now higher than 50 level.
Main support levels – $ 0.3250 and $ 0.3150.
Main resistance levels – $ 0.3400 and $ 0.3480.
