Dogecoin breaks the level of resistance of $ 0.070 and gains upward dynamics, while analysts predict a possible rally towards $ 0.080.

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Dogecoin durchbricht Widerstandsniveau und könnte weiter steigen Dogecoin (DOGE) hat Berichten zufolge das Widerstandsniveau von 0,070 USD gegenüber dem US-Dollar durchbrochen und gewinnt an Aufwärtsdynamik. Nach aktuellen Informationen zeigen Analysten optimistische Prognosen und glauben, dass die Kryptowährung ihre Rallye in Richtung der Widerstandszone von 0,080 $ fortsetzen könnte. Gegenwärtig zeigt DOGE positive Anzeichen über dem Widerstand von 0,068 $. Der Preis liegt deutlich über der 0,070-Dollar-Zone und dem einfachen gleitenden Durchschnitt von 100 (4 Stunden). Auf dem 4-Stunden-Chart des DOGE/USD-Paares bildet sich außerdem eine wichtige zinsbullische Trendlinie mit einer Unterstützung nahe 0,070 $. Dies deutet darauf hin, dass die Kryptowährung …
Dogecoin breaks up resistance level and could continue to rise Dogecoin (Doge) has reportedly broken up the level of 0.070 $ 0.070 compared to the US dollar and gains upward dynamics. According to current information, analysts show optimistic forecasts and believe that cryptocurrency could continue its rally towards the resistance zone of $ 0.080. Doge is currently showing positive signs above the resistance of $ 0.068. The price is well above the 0.070 dollar zone and the simple moving average of 100 (4 hours). The 4-hour chart of the Doge/USD couple also forms an important interest bully trend line with support close to $ 0.070. This indicates that cryptocurrency ... (Symbolbild/KNAT)

Dogecoin breaks through the level of resistance and could continue to rise

Dogecoin (Doge) reported that the resistance level of $ 0.070 is broken up compared to the US dollar and gains upward dynamics. According to current information, analysts show optimistic forecasts and believe that cryptocurrency could continue its rally in the direction of the resistance zone of $ 0.080.

currently shows Doge positive signs above the resistance of $ 0.068. The price is well above the 0.070 dollar zone and the simple moving average of 100 (4 hours). The 4-hour chart of the Doge/USD couple also forms an important interest bully trend line with support close to $ 0.070. This indicates that the cryptocurrency continues to gain upwards.

After a downward correction, the Dogecoin Prize found support near the $ 0.0680. From there, the cryptocurrency started again and even exceeded Bitcoin and Ethereum in the last two meetings. There was upward movements over the resistance zone of $ 0.070 and the price rose over the 50%fib retracement level of the previous downward movement.

On the 4-hour chart of the Doge/USD couple, an important interest bully trend line continues to form, while the price meets a resistance near the $ 0.0732 brand. If this resistance is overcome, Doge could start a new rally. The next large level of resistance is near $ 0.0750, followed by $ 0.080. When you achieve further profits, the price could even increase up to the $ 0.082 mark.

However,

should not be able to get to drive beyond the $ 0.0732 mark, there could be a downward correction. The first support is close to the $ 0.070 mark and the interest bullic trend line. If the price continues, it could achieve the support at $ 0.0675. Another downward breakthrough could drop the price to $ 0.0650.

The technical indicators show positive signals for Doge. The 4-hour MACD (Moving Average Convergence Divergence) is now gaining dynamics in the bullish zone, while the 4-hour RSI (relative strength index) is above the 50 mark.

In summary, it can be seen that Dogecoin is currently showing positive signs and possibly increasing by more than 10 %. The cryptocurrency is expected to continue its rally in the direction of the resistance zone of $ 0.080, provided that it can overcome the resistance of $ 0.0732. However, it remains to be seen whether Doge can maintain the upward dynamics or whether there is a new decline.