Dogecoin (DOGE) Rockets to $0.20 — Can It Go Even Higher?

2025-07-14 17:11:21 分类：Blockchain Trader 阅读(21128)

Immediate resistance on the upside is near the $0.1980 level. The first major resistance for the bulls could be near the $0.20 level. The next major resistance is near the $0.2050 level. A close above the $0.2050 resistance might send the price toward the $0.220 resistance. Any more gains might send the price toward the $0.2320 level. The next major stop for the bulls might be $0.250.

Downside Correction In DOGE？

If DOGEs price fails to climb above the $0.20 level, it could start a downside correction. Initial support on the downside is near the $0.1910 level or the trend line zone. The next major support is near the $0.1820 level or the 50% Fib retracement level of the upward move from the $0.1660 swing low to the $0.1992 high.

The main support sits at $0.1780. If there is a downside break below the $0.1780 support, the price could decline further. In the stated case, the price might decline toward the $0.1750 level or even $0.1720 in the near term.

Technical Indicators

Hourly MACD – The MACD for DOGE/USD is now gaining momentum in the bullish zone.

Hourly RSI (Relative Strength Index) – The RSI for DOGE/USD is now above the 50 level.

Major Support Levels – $0.1910 and $0.1880.

Major Resistance Levels – $0.1980 and $0.2000.

Disclaimer：

The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.