🐕The shitcoin (DOGE) is expected to achieve a major breakthrough: $0.50 within reach

DOGE against USD Exchange Rate is breaking through the support level of 0.4250 USD. DOGE is currently in a bullish zone and may soon break through the resistance level of 0.50 USD.
The price of DOGE is starting to pump again to above $0.440.
The price is trading above $0.4350 and the 100-hour simple MA.
DOGE/USD has formed a key bullish trend line on the hourly chart, with support level at $0.430
If the price breaks the resistance levels of $0.4600 and $0.4640, it may start pumping again.

☀️DOGE price resumes momentum
DOGE price started to pump like BTC and ETH, breaking through $0.4150, just like Ethereum. DOGE trading price broke through $0.4250 and $0.4400 resistance levels. The price pumped more than 5%, with the recent high formed at $0.4637.
The price is currently consolidating gains below $0.450. The price has declined slightly to the levels of $0.4450 and $0.4400, as well as the 23.6% Fibonacci retracement of the upward trend from the swing low of $0.3646 to the high of $0.4637.

📈 The shitcoin price is currently trading above 0.430 USD and the 100-hour simple MA. A key bullish trend line has also formed on the hourly chart of DOGE/USD, with the support level at 0.430 USD.
On the upside, the direct resistance level is near $0.4550. The first major resistance level for long positions may be near $0.46400. The next major resistance level is near $0.4720.
If the Closing Price breaks the 0.4720 USD resistance level, it may push the price towards the 0.4880 USD resistance level. If the price further pumps, it may push the price towards the 0.5000 USD level. The next major stop-loss point for long positions could be 0.5200 USD.

⬇️DOGE's downward correction?
If the price of DOGE fails to break through the $0.4500 level, it may fall again. The initial support level is near $0.4400. The next major support level is near $0.430 and the trend line.
The main support level is at $0.4150. If it falls below the support level of $0.4150, the price may further decline. In this case, the price may fall to the levels of $0.4000 or even $0.3800 in the short term.

📊technical indicator
Hourly MACD - DOGE/USD is currently gaining momentum in the bearish zone.
The hourly RSI (Relative Strength Index) for DOGE/USD is now above the 50 level.
Key support levels - $0.4400 and $0.4300.
Key resistance levels - $0.4500 and $0.4640.
(tv-NewsBTC)