Dogecoin

bullish

Movement

Resistance

<ul class="wp-block-list news-points">
 <li><strong>Dogecoin’s recent price surge signals short-term bullish momentum, with key levels at $0.39.</strong></li>
 <li><strong>Support at $0.3659, with potential for further gains if resistance at $0.39 is broken.</strong></li>
 <li><strong>Neutral RSI and MACD suggest Dogecoin could continue its upward movement in November.</strong></li>
</ul>
<p>Dogecoin (DOGE) is shedding its meme coin image and emerging as a legitimate cryptocurrency. Elon Musk’s recent comments about the coin’s potential have fueled renewed interest.</p>
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   <p lang="en" dir="ltr">Starting to feel like The <a href="https://twitter.com/DOGE?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">@DOGE</a> has real potential</p>— Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1857667225852826080?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">November 16, 2024</a>
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<p><strong>Current Price Movement and Trend</strong></p>
<p>At the time of writing, <a href="https://coinedition.com/spirit-blockchain-acquires-dogecoin-holdings-eyes-global-doge-adoption/?utm_source=telegram_channel&amp;utm_medium=referral" rel="noopener noreferrer nofollow">Dogecoin</a> is trading at<a href="https://coinmarketcap.com/currencies/dogecoin/" target="_blank" rel="noopener noreferrer nofollow"> $0.3798</a>, marking a 3.71% increase over the past 24 hours. This price movement reflects an upward trend, as indicated by a series of higher highs and higher lows on the chart. This type of price action suggests bullish sentiment in the short term.&nbsp;</p>
<p>However, the chart also reveals a pullback, with the price briefly dipping to $0.3659 before resuming its climb. This short-term retracement highlights volatility but also presents an opportunity for traders looking for an entry point.</p>
<h2 class="wp-block-heading" id="h-key-support-and-resistance-levels"><strong>Key Support and Resistance Levels</strong></h2>
<p>The&nbsp; immediate support for…</p>
<p>The post <a href="https://coinedition.com/dogecoin-breaks-out-in-november-2024-eyes-0-40-resistance/" rel="noopener noreferrer nofollow">Dogecoin Breaks Out in November 2024, Eyes $0.40 Resistance</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.</p>

Dogecoin Breaks Out in November 2024, Eyes $0.40 Resistance

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