Dogecoin Is Rising But Faces An Important Test At $0.21
The post Dogecoin Is Rising But Faces An Important Test At $0.21 appeared on BitcoinEthereumNews.com. Jul 11, 2025 at 18:40 // Price Dogecoin (DOGE) has bounced back after breaking above the moving average lines. Dogecoin price long-term prediction: bullish The cryptocurrency was expected to fall to as low as $0.10. However, the bulls bought the dips and continued their uptrend. DOGE has risen to a high of $0.19 and is expected to reach its previous high of $0.21. The bears will return to stop the uptrend at the high of $0.21. If the bulls are successful, the upward momentum will continue to $0.26. However, if the altcoin is rejected at its current high, DOGE will plunge to a low above the 50-day SMA support. Bearish momentum will consequently fall to a low of $0.14. At the time of writing, DOGE is currently worth $0.198. DOGE price indicator reading DOGE price returned above the moving average lines after the breakout on the 10th of July. The moving lines on the 4-hour chart are now pointing upwards. The 21-day SMA is above the 50-day SMA, indicating a current trend. The altcoin will continue to rise as long as the price breaks above the 21-day SMA support. Technical indicators Key Resistance Levels $0.45 and $0.50 Key Support Levels – $0.30 and $0.25 What is the next direction for Dogecoin? DOGE has resumed its uptrend after rising above the moving average lines. If DOGE price breaks above the $0.21 level, the uptrend will continue. However, if it falls from its recent high, a slump is imminent. On June 11, selling pressure returned after DOGE resisted at a high of $0.206. DOGE is currently retesting the resistance level to establish an uptrend. Disclaimer. This analysis and forecast are the personal opinions…
The post Dogecoin Is Rising But Faces An Important Test At $0.21 appeared on BitcoinEthereumNews.com.
Jul 11, 2025 at 18:40 // Price Dogecoin (DOGE) has bounced back after breaking above the moving average lines. Dogecoin price long-term prediction: bullish The cryptocurrency was expected to fall to as low as $0.10. However, the bulls bought the dips and continued their uptrend. DOGE has risen to a high of $0.19 and is expected to reach its previous high of $0.21. The bears will return to stop the uptrend at the high of $0.21. If the bulls are successful, the upward momentum will continue to $0.26. However, if the altcoin is rejected at its current high, DOGE will plunge to a low above the 50-day SMA support. Bearish momentum will consequently fall to a low of $0.14. At the time of writing, DOGE is currently worth $0.198. DOGE price indicator reading DOGE price returned above the moving average lines after the breakout on the 10th of July. The moving lines on the 4-hour chart are now pointing upwards. The 21-day SMA is above the 50-day SMA, indicating a current trend. The altcoin will continue to rise as long as the price breaks above the 21-day SMA support. Technical indicators Key Resistance Levels $0.45 and $0.50 Key Support Levels – $0.30 and $0.25 What is the next direction for Dogecoin? DOGE has resumed its uptrend after rising above the moving average lines. If DOGE price breaks above the $0.21 level, the uptrend will continue. However, if it falls from its recent high, a slump is imminent. On June 11, selling pressure returned after DOGE resisted at a high of $0.206. DOGE is currently retesting the resistance level to establish an uptrend. Disclaimer. This analysis and forecast are the personal opinions…
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