Dogecoin is recently speaking of the city, because it was called “the crypto-peoples.” The DOGE price traded under a penis earlier in the year, thanks to Elon Musk.
In recent months, DOGE has awakened from its slumber of three years and increased by 4000 percent. Following a bloody weekend, Dogecoin quickly restored its $0.22 decline and in the last 2 days gained almost 100%.
As investors wait for “Doge Day” on 20 April, the price is now increasing. This pattern is known for its belittling result, but it can break up in some scenarios. The price must be $0.40 for DOGE to set a new ATH. The Doge coin will move in the next 8 hours with the wedge approaching its peak.
DOGE Price Analysis: DOGE/USD 4 Hr Chart
In the event that DOGE’s current level of resistance cannot be retained and its lowest trend is not retained, we can expect DOGE’s main support to be around $0.318. This level has only been the strongest rebound level once in the history of DOGE.
The indicators in the DOGE diagram appear unclear. This can show a neutral number of bulls & bears playing in this market at the moment. The Stochastic RSI bounced down and stopped on the overcrowded resistance line. This typically shows the bulls’ strength lost and the price starts to fall. In some cases, the RSI continues up to its maximum strength levels with extreme FOMO. The MACD tells a story similar to that of small histograms and sideways. The next day is probably crucial for the Doge’s coin direction.
DOGE intraday levels
- Spot rate: $0.398
- Trend: Bullish
- Volatility: High
- Support: $0.318
- Resistance: $0.40