- \n
- Dogecoin price now – $0.098<\/li>\n
- Dogecoin market cap – $14.2 billion<\/li>\n
- Dogecoin circulating supply – 143.2 billion<\/li>\n
- Dogecoin total supply – 143.2 billion<\/li>\n
- Dogecoin Coinmarketcap ranking – #10<\/li>\n<\/ul>\n
DOGE\/USD Market<\/h2>\n
Key Levels:<\/p>\n
Resistance levels: $0.110, $0.115, $0.120<\/p>\n
Support levels: $0.080, $0.075, $0.070<\/p>\n
![\"Dogecoin](\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/02\/DOGEUSD_06022024.png\")
DOGEUSD – Daily Chart<\/figcaption><\/figure>\n DOGE\/USD has demonstrated upward momentum in the last few days, trying to cross above the 9-day and 21-day moving averages. Additionally, for the Dogecoin<\/a> price to further ascend, it must surpass the upper boundary of the channel. Once achieved, traders can anticipate a continuation of the upward trajectory.<\/p>\n
Dogecoin Price Prediction: Dogecoin Price Could Shoot to the North<\/h2>\n
The daily chart indicates that the Dogecoin price is striving to establish a positive momentum. Traders might anticipate a bullish continuation, aiming for the upper boundary of the channel and potentially testing the resistance level of $1.00. Additionally, the 9-day moving average remains positioned above the 21-day moving average, suggesting possible resistance levels at $0.110, $0.115, and $0.120.<\/p>\n
However, should the Dogecoin price sustain its upward channel trajectory, traders could observe further bullish trends in upcoming sessions. Conversely, a bearish scenario might unfold if the price retreats below the lower boundary of the channel, potentially bringing the coin toward long-standing support levels at $0.080, $0.075, and $0.070.<\/p>\n
DOGE\/BTC Trades at 173 SAT<\/h2>\n
Against Bitcoin, the Dogecoin<\/a> price follows the bullish movement as the coin moves to the upside. However, if the coin moves near the upper boundary of the channel, the market is likely to keep releasing more bullish pressure as the 9-day MA could make a bullish cross above the 21-day MA, which could bring more bullish signals into the market.<\/p>\n
![\"Dogecoin](\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/02\/DOGEBTC_06022024.png\")
DOGEBTC – Daily Chart<\/figcaption><\/figure>\n In other words, if DOGE\/BTC falls and slides below the lower boundary of the channel, it may bring the coin to the nearest support at 150 SAT, any further bearish movement could lower the price to the support level of 140 SAT and below. Nevertheless, if the coin continues to follow a bullish movement and heads to the upside, traders could see a bull run to the resistance level of 200 SAT and above.<\/p>\n
However, MarketMaestro shared with his extensive following of over 5,000 on X (previously known as Twitter) that $DOGE #dogecoin #DOGE has hit its first target, hitting the bull’s-eye! 🎯 Institutional buying is robust, surpassing averages (EMA5-21), and a new strong target is within reach, represented by the orange box!<\/p>\n
\n
$DOGE<\/a> #dogecoin<\/a> #DOGE<\/a>
the first target has arrived!
BULL'S-EYE! 🎯
The flag is smashed up.
Institutional buying is very good!
above averages (EMA5-21) and strong
new target is the orange box! https:\/\/t.co\/vKAkRHpYFV<\/a> pic.twitter.com\/ZfNuUFfUzh<\/a><\/p>\n— MarketMaestro (@MarketMaestro1) February 27, 2024<\/a><\/p><\/blockquote>\n