DOGE Finally Breaks Out From Long-Term Resistance

[Shahinaz]

The Dogecoin (DOGE) price has broken out from and reached a close above a long-term resistance level which had been in place since 2019.

As long as it’s trading above, DOGE should continue moving upwards towards the resistance levels outlined below.

Long-Term Levels
The weekly chart shows that DOGE has broken out and reached a close above the $0.0036 resistance area, something it had not done since the beginning of 2019. Afterwards, it validated this level as support.

The next resistance area, created by the highs of Aug 2018, is at $0.0068.

Technical indicators are bullish and support the possibility that DOGE will rally and reach the area.



more : https://beincrypto.com/doge-finally-breaks-out-from-long-term-resistance/

To conclude, DOGE/USD is likely to break out from its current pattern and move towards $0.0055 and possibly $0.0068. While DOGE/BTC is trading inside long-term support, it has yet to show any bullish reversal signs.

[sneakyboi]

As per your analysis here, you're definitely right, Doge now has broke out of its resistance level, and right now at the time of this posting. Doge price is now $0.006+ and it is quite a pump here. I hope Doge will reach again its all time high way back 2018.

[Oxumare]

Elon musk after posting a message about DOGE, DOGE is gaining around 20% in a few hours.
His most recent tweet link is below

DOGE currently has a market value of approximately $ 1 billion.Currently Doge has risen over 50%.I think we can see prices in different places when the alt season starts.

https://twitter.com/elonmusk/status/1342512194383007745

[Octoalts]

I am very sorry that I sold my Doge coin, I didn't expect that today the price of Doge has increased by 98%.  This is a great achievement by Doge, people who patiently hold Doge must smile seeing the increase in price of this doge.

[hair]

Dogecoin is performing well, after a lot of positive news and listings on several exchanges can support the price of Dogecoin to increase