Dogecoin Price Prediction: Doge Breaking This Single Level Will Spark Fresh Rally

May 31, 2023 08:00 am Cryptocurrency 148

Dogecoin started a decent increase from the $0.0685 support against the US Dollar. DOGE could rally if it clears the $0.074 resistance zone.

DOGE is currently struggling to clear the $0.074 resistance against the US dollar.

The price is trading below the $0.0725 zone and the 100 simple moving average (4 hours).

There was a break above a major bearish trend line with resistance near $0.0722 on the 4-hours chart of the DOGE/USD pair (data source from Kraken).

The pair could start a fresh rally if it clears the $0.0740 resistance zone.

Dogecoin Price Aims Higher

After a sharp decline, Dogecoin’s price found support near the $0.0685 zone. DOGE formed a base and recently started a decent increase above $0.070, similar to Bitcoin and Ethereum.

There was a clear move above the $0.0720 resistance zone. The bulls pushed the pr ..

Support the originator by clicking the read the rest link below.