DOGE shows renewed hourly momentum: climbed above $0.0950 and $0.0985, trading above $0.0980 and the 100‑hour SMA with a bullish trend line at $0.0978 (Kraken); MACD rising and RSI >50 indicate positive token performance. Immediate resistance at $0.0995 (61.8% Fib); upside targets $0.10 → $0.1050 → $0.1120 → $0.12 (major stop around $0.1250), relevant for crypto traders assessing short-term market impact. Downside risk if rejected at $0.0995: support levels $0.0975/$0.0970 and $0.0950; a break could push price toward $0.0920–$0.090.

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Dogecoin started a fresh increase from the $0.0970 zone against the US Dollar. DOGE is now facing hurdles near $0.0995 and might aim for a larger rally.

DOGE price started a decent upward move above $0.0950 and $0.0985.
The price is trading above the $0.0980 level and the 100-hourly simple moving average.
There is a key bullish trend line forming with support at $0.0978 on the hourly chart of the DOGE/USD pair (data source from Kraken).
The price could continue to move up if it stays above $0.0970.

Dogecoin Price Hits Resistance

Dogecoin price remained supported above the $0.0950 zone and started a fresh increase, beating Bitcoin and Ethereum. DOGE climbed above the $0.0980 and $0.0985 resistance levels.

There was a decent upward move above the 50% Fib retracement level of the downward move from the $0.1008 swing high to the $0.0969 low. However, the bears remained active near the $0.0995 zone. Besides, there is a key bullish trend line forming with support at $0.0978 on the hourly chart of the DOGE/USD pair.

Dogecoin price is now trading above the $0.0970 level and the 100-hourly simple moving average. If the bulls remain active, the price could attempt another increase. Immediate resistance on the upside is near the $0.0995 level or the 61.8% Fib retracement level of the downward move from the $0.1008 swing high to the $0.0969 low.

The first major resistance for the bulls could be near the $0.10 level. The next major resistance is near the $0.1050 level. A close above the $0.1050 resistance might send the price toward the $0.1120 resistance. Any more gains might send the price toward the $0.120 level. The next major stop for the bulls might be $0.1250.

Another Decline In DOGE?

If DOGE’s price fails to climb above the $0.0995 level, it could continue to move down. Initial support on the downside is near the $0.0975 level or the trend line. The next major support is near the $0.0970 level.

The main support sits at $0.0950. If there is a downside break below the $0.0950 support, the price could decline further. In the stated case, the price might slide toward the $0.0920 level or even $0.090 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 – $0.0970 and $0.0950.

Major Resistance Levels – $0.0995 and $0.10.

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