Dogecoin (DOGE) price is attempting a recovery wave above the $0.150 resistance zone against the US Dollar. DOGE could struggle to clear the $0.170 resistance zone.

• I-DOGE iqale igagasi lokuthola kabusha isuka endaweni yokusekela engu-$0.1280 iqhathaniswa nedola laseMelika.
• Intengo ihweba ngaphezu kwezinga lika-$0.1500 kanye nesilinganiso esihambayo esiyi-100 esilula (amahora angu-4).
• Kunomugqa wethrendi obalulekile osebenza ukumelana no-$0.170 eshadini lamahora angu-4 lokubhanqwa kwe-DOGE/USD (umthombo wedatha ovela e-Kraken).
• Intengo kufanele ihlale ngaphezu kuka-$0.170 ukuze iye endaweni enhle futhi iqale ukuhlinzwa okusha.

Intengo ye-Dogecoin Ibhekana Nezithiyo

After a major decline, Dogecoin price found support at $0.1280. 

A low was formed at $0.1283 and DOGE started a decent recovery wave, like Bitcoin and Ethereum. There was a move above the $0.1350 and $0.140 resistance levels.

The price climbed above the 23.6% Fib retracement level of the downward wave from the $0.2093 swing high to the $0.1283 low. 

However, the bears are still active and protecting more gains. There is also a key bearish trend line forming with resistance at $0.170 on the 4-hour chart of the DOGE/USD pair.

Dogecoin is also below the $0.1650 level and the 100 simple moving average (4 hours). 

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On the upside, the price is facing resistance near the $0.1690 level or the 50% Fib retracement level of the downward wave from the $0.2093 swing high to the $0.1283 low.

The next major resistance is near the $0.170 level. A close above the $0.170 resistance might send the price toward the $0.1880 resistance. 

The next major resistance is near $0.200. Any more gains might send the price toward the $0.220 level.

Okunye Ukwenqaba ku-DOGE?

Uma intengo ye-DOGE yehluleka ukuzuza isivinini esingaphezu kwezinga lika-$0.170, ingaqala okunye ukwehla. Ukwesekwa kokuqala ohlangothini oluphansi kuseduze nezinga lika-$0.1525.

The next major support is near the $0.1475 level. If there is a downside break below the $0.1750 support, the price could decline further. 

In the stated case, the price might decline toward the $0.1280 level.

Izinkomba Technical

• Amahora angu-4 MACD - I-MACD ye-DOGE/USD manje ithola umfutho endaweni ye-bullish.
• Amahora angu-4 i-RSI (I-Relative Strength Index) - I-RSI ye-DOGE/USD manje isingaphezu kwezinga lama-50.
• Amazinga Okusekelwa Amakhulu - $ 0.1525, $ 0.1475 no- $ 0.1280.
• Izinga Elikhulu Lokumelana - $ 0.1690, $ 0.1700, kanye ne- $ 0.200.

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