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Dogecoin Continues To Rally Above $0.15

Dogecoin Continues To Rally Above $0.15 WikiBit 2025-04-27 07:39

Apr 26, 2025 at 22:23 // Price The price of Dogecoin (DOGE) has started its uptrend as buyers have pushed the price above the moving average lines. DOGE

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Dogecoin Continues To Rally Above $0.15

Bitcoin Ethereum News

Apr 26, 2025 at 22:23 // Price

The price of Dogecoin (DOGE) has started its uptrend as buyers have pushed the price above the moving average lines.

DOGE price long-term prediction: bullish

Since April 7, as Coinidol.com wrote, bulls and bears have been engaged in a price battle over the price of the altcoin, which has been fluctuating above the $0.14 support and below the moving average lines. The bulls have taken the lead since breaking above the moving average lines. The buyers are pushing the price above the moving average lines for the first time since January 21.

Once the buyers break the barrier at $0.20, DOGE will continue its uptrend. The altcoin will continue to rise until it reaches a high of $0.28.

However, if DOGE fails to break the high of $0.20, it will start a sideways trend below this level. DOGE is currently trading in the uptrend zone at $0.186.

DOGE price indicator analysis

DOGE will rally if the price bars return above the moving average lines. Nonetheless, the $0.20 barrier has hindered the cryptocurrencys uptrend.

The altcoin will rise if DOGE finds support above the 50-day SMA. The northward slope of the moving average lines indicates the current upswing.

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 broken above the moving average lines, signaling the start of its uptrend. It is trading above the moving average lines but below the barrier at $0.20. The market will continue to rise once the $0.20 barrier is breached.

However, if the bears break the 50-day SMA support, the market will drop to a low of $0.14.

Disclaimer:

The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.

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