DOGE Unleashed: Meme Coin Eyes Major Breakout From $0.220 v
CryptoPotato
Updated at: 6 hours ago
{"content":"DOGE Unleashed: Meme Coin Eyes Major Breakout
From $0.220 versus the US Dollar, Dogecoin rose. DOGE is increasing and may reach $0.2650.
Above $0.220 and $0.2320, DOGE price rose again.
The price is above $0.2350 and the 100-hour SMA.
The hourly DOGE/USD chart shows a bullish trend line with support at $0.2350.
If price breaks $0.2450 barrier, it might rise again.
Price of Dogecoin To Rise
Dogecoin price rose after finding support at $0.2170, like Bitcoin and Ethereum. DOGE rose over $0.2250 resistance.
Bulls even broke the 50% Fib retracement barrier of the decline from $0.2531 swing high to $0.2173 low. On the hourly DOGE/USD chart, a positive trend line connects to $0.2350.
Dogecoin is above $0.2350 and the 100-hourly SMA. Near $0.240 is immediate upward resistance.
Bulls may encounter their first significant barrier at $0.2440, the 76.4% Fib retracement level of the decline from $0.2531 swing high to $0.2173 low. Near $0.2530 is the next significant resistance. A closing above $0.2530 might push pricing above $0.2650. More advances might push the price toward $0.2720. Bulls may halt at $0.2850 next.
Another DOGE Drop?
DOGE may fall again if it fails to get over $0.2440. Initial downside support is $0.2350. Near $0.2250 is the next important support.
The major support is $0.2150. If the price breaks $0.2150, it might fall further. The price may drop to $0.20 or $0.1880 in the short term.
Tech Indicators
DOGE/USD hourly MACD is rising in the positive zone.
Hourly RSI (Relative Strength Index): DOGE/USD is over 50.
Key Support Levels: $0.2350, $0.2250.
Major Resistance: $0.2440, $0.2530.
#DOGE #TradeLessons #NewsTrade #TrumpTariffs #TradeStories $DOGE ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025052025/05/14/95efe5cf367b498bafbfdc3471a9ffc1.png"],"tags":[],"tradingPairs":["ETH/USDT"],"quotearticleid":0}