Market Cap DOGE, $ Forum & Chats (CRYPTOCAP:DOGE)

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4 days ago

Dogecoin: DOGE targets $0.20 level if BTC breaks above 100K

Dogecoin price continues to consolidate around $0.1600, finding immediate support near the volume-weighted average price (VWAP) of $0.15936. This stabilization occurred within the Keltner channel bands, indicating reduced volatility as traders extract previous gains.
The lower boundary of the Keltner channel at $0.14369 remains a critical support zone, while the upper boundary near $0.17777 forms the next bullish target provided momentum re-accelerates.
If Bitcoin price breaks above the psychological $100,000 mark, Dogecoin is expected to break above $0.1650 and test the overhead resistance of $0.1750. A sustained close above this level will pave the way for $0.1950, driven by the renewed enthusiasm for the meme coin.
However, failure to maintain above VWAP could expose DOGE to a pullback to $0.1500, and possibly even to the support below KC at $0.14369. Until then, price action remains range-bound, but biased to the upside, depending on how the overall trend of Bitcoin resolves.
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