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Dogecoin started a major increase above $0.0950 against the US Dollar. DOGE is 
now consolidating and might aim for an upside break above $0.1020. DOGE price 
started a fresh increase above $0.0980 and $0.10. The price is trading above 
the $0.0988 level and the 100-hourly simple moving average. There is a bullish 
trend line forming with support at $0.0955 on the hourly chart of the DOGE/USD 
pair (data source from Kraken). The price could aim for a fresh increase if it 
remains stable above $0.0955. Dogecoin Price Aims Higher Dogecoin price 
started a fresh increase after it settled above $0.0965, like Bitcoin and 
Ethereum. DOGE climbed above the $0.0980 resistance to enter a positive zone. 
The bulls were able to push the price above $0.10. A high was formed at 
$0.1013 and the price is now consolidating gains above the 23.6% Fib 
retracement level of the upward move from the $0.0940 swing low to the $0.1013 
high. Dogecoin price is now trading above the $0.0985 level and the 100-hourly 
simple moving average. Besides, there is a bullish trend line forming with 
support at $0.0955 on the hourly chart of the DOGE/USD pair. If there is 
another increase, immediate resistance on the upside is near the $0.1020 
level. The first major resistance for the bulls could be near the $0.1050 
level. The next major resistance is near the $0.1080 level. A close above the 
$0.1080 resistance might send the price toward $0.1120. Any more gains might 
send the price toward $0.120. The next major stop for the bulls might be 
$0.1220. Another Decline In DOGE? If DOGE’s price fails to climb above the 
$0.1020 level, it could start a downside correction. Initial support on the 
downside is near the $0.0995 level. The next major support is near the $0.0978 
level or the 50% Fib retracement level of the upward move from the $0.0940 
swing low to the $0.1013 high. The main support sits at $0.0955. If there is a 
downside break below the $0.0955 support, the price could decline further. In 
the stated case, the price might slide toward the $0.0940 level or even 
$0.0920 in the near term. Technical Indicators Hourly MACD – The MACD for 
DOGE/USD is now losing momentum in the bullish zone. Hourly RSI (Relative 
Strength Index) – The RSI for DOGE/USD is now above the 50 level. Major 
Support Levels – $0.0978 and $0.0955. Major Resistance Levels – $0.1020 and 
$0.1080.

Dogecoin (DOGE) Strength Builds as Traders Anticipate Breakout

Australia’s securities regulator said two-thirds of Gen Zs are using social 
media to make decisions about their financial future, leading to “riskier” 
financial decisions.

Cryptocurrency price in LKR