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Crypto Trends

Dogecoin price to $ 0.17: Will Dog stop resisting $ 0.23?

As of April 1, 2025, Dogecoin was rising, along with the excitement of merchants. According to Coinmarketcap, it trades at $ 0.1740 at the time of the press, an increase of 7.21 % in the past 24 hours, with the maximum market of $ 25.878 billion.

Dogecoin price analysis

DOGE price displays the formation of a descending triangle on the daily chart with RSI from 44.47. These signals are the upward potentials that have not yet been marketed. This is associated with MACD, which shows a declining intersection at -0.00764, which shows the possibilities.

Dogecoin price schemeDogecoin price scheme
Dogecoin price scheme

source:Tradingvief

The current resistance level reaches $ 0.2367, and the support level is 0.1380 dollars. If the price exceeds the resistance at $ 0.2367, there is a possibility that the price will rise to $ 0.618. This will definitely indicate the momentum of ascension.

On the other hand, if the price is lower than the support level of $ 0.1380, it may drop a decrease to $ 0.0510, which indicates a declining direction.

At the time of the press, the DOGECOIN trading price is $ 0.1740. The daily chart hints that Dogecoin can test the resistance at $ 0.2367. If broken, it may be $ 0.6180 is the next goal. However, if the price decreases to less than 0.1380 dollars, it may be $ 0.0510 per game, more if the landfill picks up.

Dogecoin futures

The current value of OI’s most likely financing is 0.00313. This bullish rate shows a positive feeling of futures and traders of options. Feelings will prevail until traders avoid neglecting and supporting high prices. MACD warns the landing of the risks because the financing rates alone will not be sufficient to treat negative risks if there is a great deal of sale.

Will Dogecoin break the resistance of the past?

Dogecoin seems to be characterized by bullish momentum on both daily levels, due to RSI and positive financing rate. However, the MACD Al -Habbiya sign indicates the daily graph to be careful in the resistance. The total judgment indicates a possible outbreak of more than $ 0.2367 that must be purchased, but there is also a risk of a decrease of approximately $ 0.1380.

Also read: Elon Musk: US GOVT has no plans to use Dogecoin

Sahil MahadikSahil Mahadik

Written by Sahil Mahedik

As a full -time trading with more than three years of practical experience in financial markets, exceptional efficiency in technical analysis, which is the cornerstone of the daily monitors of price fluctuations in the leading assets and indicators. My journey started to circulate with a deep charm of financial tools, and this curiosity is naturally expanded in the world of sophisticated cryptocurrencies. I am currently contributing to Cryptonewsz, and I have also written for Coingaape, Coin Republic and Therkarketperodical. I am driven by the market and I want to explore new opportunities. I analyze the emerging trends and strategies to obtain the maximum returns in the traditional coding markets.

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