Dogecoin (DOGE) Eyes $0.50 Again: Is a New Rally on the Horizon?

US Dollar. DOGE is holding gains and eyeing more upsides above $0.400.

DOGE price started a consolidating like Bitcoin and stayed above the $0.320 resistance level.

The price is trading near the $0.3750 level and the 100-hourly simple moving average.

There was a break above a key bearish trend line with resistance at $0.3670 on the hourly chart of the DOGE/USD pair.

The price could continue to rally if it clears the $0.400 and $0.4150 resistance levels.