Dogecoin started a major increase above $0.1520 against the US Dollar. DOGE is now consolidating and might decline if it trades below $0.140.
DOGE price started a fresh increase above $0.1480 and $0.1520.
The price is trading below the $0.150 level and the 100-hourly simple moving average.
There is a contracting triangle forming with resistance at $0.150 on the hourly chart of the DOGE/USD pair (data source from Kraken).
The price could aim for a fresh increase if it remains stable above $0.140.
Dogecoin Price Consolidates Gains
Dogecoin price started a fresh increase after it settled above $0.1420, like Bitcoin and Ethereum. DOGE climbed above the $0.1450 resistance to enter a positive zone.
The bulls were able to push the price above $0.150. A high was formed at $0.1541 and the price is now correcting some gains. There was a move below the 23.6% Fib retracement level of the upward move from the $0.1155 swing low to the $0.1541 high.
Dogecoin price is now trading below
We współpracy z: https://www.newsbtc.com/analysis/doge/dogecoin-doge-consolidates-strength-0-14/
