Dogecoin (DOGE) Uptrend Is Likely as Bulls Battle the $0.28 High

Azeez Mustapha



Select a Plan


 1-month subscription



 3-month subscription



 6-month subscription



 lifetime subscription



 Separate Swing Trading Group



Get VIP forex signals, VIP crypto signals, swing signals, and forex course free for lifetime.

Just open an account with one our affiliate broker and make a minimum deposit: 250 USD.

Email [email protected] with a screenshot of funds on account to get access!

Sponsored by

Sponsored Sponsored


Service for copy trading. Our Algo automatically opens and closes trades.


The L2T Algo provides highly profitable signals with minimal risk.


24/7 cryptocurrency trading. While you sleep, we trade.


10 minute setup with substantial advantages. The manual is provided with the purchase.


79% Success rate. Our outcomes will excite you.


Up to 70 trades per month. There are more than 5 pairs available.


Monthly subscriptions begin at £58.

Key Resistance Levels: $0.45, $0.46, $0.47
Key Support Levels: $0.25, $0.20,$0.15

DOGE/USD Long-term Trend: Bullish
Dogecoin is in the bullish trend zone as price breaks above the downtrend line and the moving averages. The current upward move is facing resistance at the $0.28 high. On August 8, DOGE was repelled at the $0.28 high and the altcoin declined to $0.24 low. Today, the bulls are yet to break the resistance level. A break above the resistance will catapult the coin above $0.36 high. In the meantime, the crypto is falling but the retracement has stopped.

DOGE/USD – Daily Chart

Daily Chart Indicators Reading:
DOGE /USD is at level 67 of the Relative Strength Index period 14. It indicates that the DOGE price is in the downtrend zone and will reach the overbought region at level 70. The 21-day and 50-day SMAs are sloping upward indicating the uptrend. Today’s price bars are still above the 21-day SMA and the 50-day SMA which suggest a further upward movement of the crypto.

DOGE/USD Medium-term bias: Bullish
On 4 hour chart, the DOGE price has retested the $0.28 resistance twice. The crypto’s price is fluctuating below the recent high. Meanwhile, on August 8 uptrend; a retraced candle body tested the 50% Fibonacci retracement level. The retracement indicates that DOGE will rise to level 2.0 Fibonacci extensions or level $0.37.

DOGE/USD – 4 Hour Chart

4-hour Chart Indicators Reading
Dogecoin is above the 40% range of the daily stochastic. It indicates that the coin is in a bullish momentum. The moving averages are sloping upward indicating the uptrend. DOGE price will rise as the crypto’s price is above the 21-day and the 50-day SMA.

General Outlook for Dogecoin
DOGE upward move is likely. The coin is trading in the bullish trend zone. If the bulls break the $0.28 high, the crypto will rise to $0.36 high. Presently, the price is consolidating below the resistance level to break above it. According to the Fibonacci tool, the market will decline to level 1.272 Fibonacci extensions or level $0.1867

You can purchase crypto coins here: Buy Tokens

Note: Learn2.Trade is not a financial advisor. Do your research before investing your funds in any financial asset or presented product or event. We are not responsible for your investing result

  • Broker
  • Benefits
  • Min Deposit
  • Score
  • Visit Broker
  • 20% welcome bonus of upto $10,000
  • Minimum deposit $100
  • Verify your account before the bonus is credited
$100 Min Deposit
  • Over 100 different financial products
  • Invest from as little as $10
  • Same-day withdrawal is possible
$250 Min Deposit
  • The Lowest Trading Costs
  • 50% Welcome Bonus
  • Award-winning 24 Hour Support
$200 Min Deposit
  • Award-winning Cryptocurrency trading platform
  • $100 minimum deposit,
  • FCA & Cysec regulated
$100 Min Deposit
  • Fund Moneta Markets account with a minimum of $250
  • Opt in using the form to claim your 50% deposit bonus
$250 Min Deposit

Share with other traders!

Azeez Mustapha

Azeez Mustapha is a trading professional, currency analyst, signals strategist, and funds manager with over ten years of experience within the financial field. As a blogger and finance author, he helps investors understand complex financial concepts, improve their investing skills, and learn how to manage their money.

Leave a Reply

Your email address will not be published. Required fields are marked *