Dogecoin started a fresh increase above the $0.20 zone against the US Dollar. DOGE is now consolidating and might aim for a move above $0.2120.
DOGE price started a fresh increase above the $0.1880 and $0.20 levels.
The price is trading above the $0.20 level and the 100-hourly simple moving average.
There is a bullish trend line forming with support at $0.2060 on the hourly chart of the DOGE/USD pair (data source from Kraken).
The price could start a fresh rally if it clears the $0.2120 and $0.2180 resistance levels.
Dogecoin Price Eyes More Gains
Dogecoin price started a fresh increase from the $0.1880 zone, like Bitcoin and Ethereum. DOGE was able to climb above the $0.1950 and $0.200 resistance levels.
The bulls even pushed the price above the $0.2120 resistance. Finally, the price traded close to the $0.2220 resistance. A high was formed at $0.2205 and the price is now correcting gains. There was a move below the 23.6% Fib retracement level of the upward move from th
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