NewsBTC
Jan 15, 2025
10 0

Dogecoin Price Surpasses $0.350 Amid Bullish Momentum

Dogecoin (DOGE) Update

  • DOGE price increased above $0.3420 and $0.350.
  • Currently trading above $0.350 and the 100-hourly simple moving average.
  • Break above bearish trend line at $0.3350 on the hourly chart.
  • Potential continued rise if it surpasses $0.3650 and $0.3720 resistance levels.

Dogecoin Price

Resistance Levels

  • Immediate resistance at $0.3650.
  • Next major resistance at $0.3720, then $0.380.
  • Above $0.380 could target $0.3920 and potentially $0.40.
  • Long-term target near $0.420.

Support Levels

  • Initial support at $0.3550.
  • Next support at $0.3460.
  • Main support at $0.3380; below this may drop to $0.3120 or $0.3080.

Technical Indicators

  • MACD showing bullish momentum.
  • RSI above 50.