😱👀Dogecoin Approaches Its Target by Reaching the $0.1063 Level

Given the current uptrend, the Doge/USD pair is expected to probably reach highs of $0.11 and $0.13.

Long-term Dogecoin price forecast: bullish
The price of Dogecoin (DOGE) is increasing despite two retreats that took place below and above the 21-day SMA. The uptrend was broken after reaching $0.1063 on December 6. DOGE continued its upward trend by rising above the 21-day simple moving average.

Yesterday, the altcoin reached $ 0.1028, approaching the $ 0.1063 barrier. If the current resistance level is broken, the upward trend will continue.

Dogecoin indicator screen
The price bars are cautiously above the 21-day SMA while DOGE is rising.

The price bar reached the resistance level on December 6, but broke above the 21-day SMA support. the upward trend will continue as long as the 21-day SMA support continues.

Technical indicators
The main resistance levels – $ 0.12 and $ 0.14

Basic support levels – $ 0.06 and $0.04
What's next for Dogecoin?
DOGE's rise continues, but it remained below the resistance of $0.1050. With the rise, the current resistance level is expected to be broken. While buyers have been hovering above the 21-day SMA for the last three days, they are targeting the barrier at $0.1050 again. According to price indicators, DOGE will continue its rise.
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