DOGE is on a roll, with new highs just around the corner!

DOGE's recent performance has been stunning, initiating a strong upward trend similar to Bitcoin.

It has successfully broken through the important threshold of 0.2 dollars, firmly holding above 0.18 dollars and the 100-hour moving average, charging ahead like a runaway horse!

From the hourly chart, DOGE has already surpassed the previous key resistance line — the 0.162 dollar 'obstacle', which is no longer a concern for it.

Moreover, DOGE's bullish momentum continues unabated, soaring above 0.2 dollars, with a peak price reaching as high as 0.22 dollars, which is truly impressive!👗＋: Vir4400

Currently, DOGE's price is undergoing a correction, but it remains above the 23.6% Fibonacci retracement level from the previous low of 0.1654 dollars to the high of 0.22 dollars. In my view, DOGE still has tremendous upward potential.

As long as it can break through the key levels of 0.215 dollars and 0.22 dollars again, its upward trend may become unstoppable.

I personally have a very optimistic view on DOGE, believing it has the full capability to continue rising, even challenging new high price levels of 0.232 dollars and 0.242 dollars.

If Dogecoin can indeed break through these resistance levels, its upward momentum will be even stronger, with the next target perhaps being 0.25 dollars!

Of course, DOGE's price cannot rise indefinitely. If it fails to break through the key level of 0.215 dollars, it may experience a correction.

However, I believe that DOGE's support levels are quite strong, with 0.208 dollars and 0.192 dollars being its important 'defenses'. As long as DOGE can hold these support levels, there remains hope for the continuation of its upward trend.

From a technical indicator perspective, although DOGE's MACD is currently in the bearish zone, its RSI is still above 50, indicating that DOGE's market performance remains good. #加密市场急升 #山寨季将至？ #BTC创历史新高