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    Home»Blockchain»Dogecoin (DOGE) Rockets to $0.20 — Can It Go Even Higher?
    Blockchain

    Dogecoin (DOGE) Rockets to $0.20 — Can It Go Even Higher?

    Team_SimonCryptoBy Team_SimonCryptoJuly 11, 2025No Comments3 Mins Read
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    Dogecoin began a recent enhance above the $0.180 zone towards the US Greenback. DOGE is now consolidating and would possibly goal for a transfer above $0.20.

    • DOGE worth began a recent enhance above the $0.1750 and $0.180 ranges.
    • The worth is buying and selling above the $0.1880 stage and the 100-hourly easy transferring common.
    • There’s a bullish pattern line forming with help at $0.1910 on the hourly chart of the DOGE/USD pair (knowledge supply from Kraken).
    • The worth might begin a recent rally if it clears the $0.1980 and $0.20 resistance ranges.

    Dogecoin Value Eyes Extra Beneficial properties

    Dogecoin worth began a recent enhance from the $0.1750 zone, like Bitcoin and Ethereum. DOGE was capable of climb above the $0.180 and $0.1880 resistance ranges.

    The bulls even pushed the value above the $0.1920 resistance. Lastly, the value traded near the $0.20 barrier. A excessive was shaped at $0.1992 and the value is now consolidating features above the 23.6% Fib retracement stage of the upward transfer from the $0.1660 swing low to the $0.1992 excessive.

    Dogecoin worth is now buying and selling above the $0.1880 stage and the 100-hourly easy transferring common. Moreover, there’s a bullish pattern line forming with help at $0.1910 on the hourly chart of the DOGE/USD pair.

    Rapid resistance on the upside is close to the $0.1980 stage. The primary main resistance for the bulls could possibly be close to the $0.20 stage. The subsequent main resistance is close to the $0.2050 stage. A detailed above the $0.2050 resistance would possibly ship the value towards the $0.220 resistance. Any extra features would possibly ship the value towards the $0.2320 stage. The subsequent main cease for the bulls is likely to be $0.250.

    Draw back Correction In DOGE?

    If DOGE’s worth fails to climb above the $0.20 stage, it might begin a draw back correction. Preliminary help on the draw back is close to the $0.1910 stage or the pattern line zone. The subsequent main help is close to the $0.1820 stage or the 50% Fib retracement stage of the upward transfer from the $0.1660 swing low to the $0.1992 excessive.

    The primary help sits at $0.1780. If there’s a draw back break beneath the $0.1780 help, the value might decline additional. Within the said case, the value would possibly decline towards the $0.1750 stage and even $0.1720 within the close to time period.

    Technical Indicators

    Hourly MACD – The MACD for DOGE/USD is now gaining momentum within the bullish zone.

    Hourly RSI (Relative Power Index) – The RSI for DOGE/USD is now above the 50 stage.

    Main Assist Ranges – $0.1910 and $0.1880.

    Main Resistance Ranges – $0.1980 and $0.2000.



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