Dogecoin (DOGEUSD) Price Forecast: July 29
The Dogecoin price is close to the $0.10480 previous supply level and has already increased significantly in the previous actions; obviously, the bears are clearly losing control. The crypto may likely hit the mentioned correction level provided the current support level at $0.07648 holds.
Key Levels:
Resistance Levels: $0.10000, $0.11000, $0.12000
Support Levels: $0.07000, $0.06000, $0.05000
DOGE (USD) Long-term Trend: Bullish (Daily Chart)
Despite the interference from sellers, the DOGEUSD price still trades in the bullish trend market in its higher time frame. Price is trading above the supply trend lines again. This however confirms the presence of more bulls’ impact on the coin.
The sustained bullish pressure to the $0.08384 high value on July 25th has recently sustained the coin price above the supply trend levels.
After completing the low-dips at the $0.07648 low value during yesterday’s session, the bulls continue the journey up north to the $0.07998 high mark above the two EMAs as the daily session resumes today, this indicates and shows the high impacts of the bulls on the cryptocurrency, thus a turnaround and more intraday gains for the coin buyers.
However, if the buy traders successfully keep the Dogecoin prices above the $0.09981 resistance level, a retest of the previous high at the $0.10480 level is possible which may further extend the coin price to the $0.15000 upper high level in the coming days in its higher time frame.
DOGE (USD) Medium-term Trend: Bullish (4H Chart)
Dogecoin is bullish on the medium-term time frame. The price bar is seen above the moving averages, this is due to the high impact of the buy investors. 
During yesterday’s session, the high order flow from the bulls also added to this bullishness in its recent high.
Today, after reaching the high of $0.07987 level, pressure from the bears dropped the coin price down to the $0.07873 support level above the two EMAs as the 4-hourly chart resumes, an indication of an uptrend.
Hence, there is a possibility for the coin price to pull back at the current support to invalidate the bearish theory if the bulls could add more tension to their buying motives.
In a like manner, DOGEUSD is likely going to reverse and face the upsides as the market now approaches the oversold region of the daily stochastic; it means that the selling pressure will end soon. This will compel the buy traders to resume an uptrend and may likely break up the $0.10480 supply level soon in its medium-term time frame.
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