Dogecoin Is Steadily Rising As It Approaches the $0.090 Mark

Dogecoin (DOGE) Price Long-term Prediction: Bullish
Dogecoin (DOGE) broke above the $0.080 resistance level as it approached the $0.090 mark. The current price level is the November 17 uptrend which was repelled. The altcoin’s value is rising as it approaches the $0.090 resistance level.

The resistance level must be broken for the upward trend to continue to the high of $0.10. However, the high of $0.095 will act as a barrier to the price of DOT. DOT/USD is currently trading for $0.0.087 as of this writing.

Technical indicators
Major Resistance Levels – $0.12 and $0.14
Major Support Levels – $0.06 and $0.04

Dogecoin (DOGE) Indicator Reading
The price bars for DOGE are above the upward-sloping moving average lines, indicating a smooth increase. The 21-day SMA is close to the price, serving as a support line. If the support line is broken, the altcoin will fall. The crypto asset is trading in the market’s overbought zone.

What is the next direction for Dogecoin (DOGE)?
The cryptocurrency asset is on the rise as it approaches the $0.090 mark . The altcoin is trading below the $0.090 resistance zone and needs to break past it. The altcoin was rejected on November 17 as it dipped between the moving average lines, resulting in the second bullish trend.

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