Dogecoin (DOGEUSD) Price Exhibits an Essential Growth

Dogecoin (DOGEUSD) Price Forecast: November 1

Today, the DOGEUSD pair exhibits essential growth as it continues to gain traction toward the upper resistance levels with high volumes from the bulls. Therefore, if additional strength is added to the buying pressure, the post-retest rally may surpass the $0.177 current supply and swing towards the $0.180 upper resistance level, demonstrating remarkable resilience in a correcting market.

Key Levels:
Resistance Levels: $0.175, $0.176, $0.177
Support Levels: $0.098, $0.097, $0.096

The Dogecoin market value exhibits essential growth as it remains stable above the supply levels in its long-term view. The coin prices are above the moving average line, confirming its bullish momentum.

The investors’ sustained move to the $0.175 high level in the last session has enabled the DOGEUSD price to exhibit essential growth above the resistance level in its recent high.

At the press time, the bulls exhibit an essential growth to a $0.177 high point above the moving average-50 as the daily session opens today, confirming the bulls’ dominance in the market.

The coin price is edging closer to the overhead; therefore, sustainability above the $0.177 current high level would render any intended bearish move invalid.

Additionally, the price of DOGEUSD might continue to exhibit essential growth as it remains in an uptrend on the daily indicator. Hence, if the bulls could push harder, the coin price could reach the $0.180 upper resistance zone sooner, as the token price exhibits essential growth in its higher time frame.

The coin displays a bullish posture, exhibiting essential growth in its medium-term outlook due to the high inflow from the long traders.

The high bullish momentum at the $0.175 supply value in the previous action has made it easier for the crypto price to exhibit essential growth above the supply trend levels in its recent high.

The market price of DOGEUSD exhibits an essential growth at the $0.177 resistance value above the EMA-50 as the 4-hourly chart opens today, creating an opportunity zone for coin buyers.

From a technical standpoint, the Dogecoin market could continue to exhibit essential growth, and this might lead the token price to a $0.180 upper resistance level in its medium-term outlook.

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