DOGE may rally if it clears 100 SMA.
This is a news article about Dogecoin, a cryptocurrency. The article discusses how Dogecoin is gaining momentum and could potentially rally if it clears the 100 simple moving average (4 hours). The article also mentions that Dogecoin is currently showing positive signs above $0.0620 resistance against the US dollar.
The article goes on to discuss how Dogecoin’s price has increased after forming a base above the $0.0550 level. There were bullish moves in Bitcoin and Ethereum, which sparked a decent increase in DOGE. The article mentions that the price is facing resistance near the 100 simple moving average (4 hours) and the first major resistance is near the $0.0655 level.
The article also mentions that if Dogecoin’s price fails to gain pace above the $0.0640 level, it could start a fresh decline. The next major support is near the $0.060 level and if there is a downside break below the $0.0600 support, the price could decline further towards the $0.0550 level.
The article includes technical indicators such as the MACD and RSI for DOGE/USD and major support and resistance levels. The article also includes a chart showing the price movement of Dogecoin.
- Is there hope for ApeCoin’s Q2 slump?
- Arbol launches climate insurance platform using AI and blockchain. How it works?
- Apple removes malicious Trezor app from App Store.
We will continue to update Phone&Auto; if you have any questions or suggestions, please contact us!
Was this article helpful?
93 out of 132 found this helpful
Related articles
- Auditor says FTX bankruptcy will be costly but necessary.
- AltSignals raised $1M from Blackrock and Deutsche Bank who are now embracing cryptocurrencies.
- Upland and Nowhere partner for Metaverse community interactions.
- Canadian regulator warns of crypto sites using fake dispute resolution organizations.
- LSDfi is the best crypto narrative for this summer.
- Ethereum rises towards key levels after recovery.
- Tether and Bitfinex offer $100K grant for private OS.