Dogecoin is climbing higher above the $0.065 resistance against the US Dollar. DOGE could rally over 20% if it clears the $0.070 resistance zone.
DOGE started a decent increase above the $0.0625 resistance against the US dollar.
The price is trading below the $0.0650 level and the 100 simple moving average (4 hours).
There is a key bullish trend line forming with support near $0.0650 on the 4-hour chart of the DOGE/USD pair (data source from Kraken).
The price could start a strong rally like Bitcoin if it clears the $0.070 resistance.
Dogecoin Price Starts Increase
After forming a base above the $0.0575 level, Dogecoin price started a fresh increase. DOGE broke the $0.060 resistance zone to move into a positive zone.
The recent pump in Bitcoin and Ethereum also pushed DOGE further higher. There was a steady increase above the $0.0650 resistance zone. A high is formed near $0.0693 and the price is now consolidating gains. It is also above the 23.6% Fib retracement level of the recent in
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