Dogecoin (DOGEUSD) Price Forecast: November 16
DOGEUSD pair turns positive today and sticks to its bullish path as the price is currently running a bullish race, facing high pressure from the bulls. The coin is one of the top-performing tokens in the market and has recently experienced a significant price surge, breaking crucial resistance levels. The coin price may likely continue with the high hike provided buyers don’t give up momentum pressure in the market. As a result, the next price target to watch out for could be the $0.415 upper high level and beyond, reflecting increased trading activity.
Key Levels:
Resistance Levels: $0.405, $0.406, $0.407
Support Levels: $0.129, $0.128, $0.127
DOGE (USD) Long-term Trend: Bullish (Daily Chart)
The Dogecoin market witnessed a remarkable surge as it sticks to its bullish path in its long-term outlook. The rally has boosted market interest, with DOGEUSD eyeing the $0.415 upper high level. 
The sustained bullish momentum to $0.399 in the last session also made it possible for the coin to stick to its bullish path in its recent high.
The Dogecoin market sticks to its bullish path as the bulls caused a rise to a $0.406 high level above the EMA-50 as the daily chart opens today, indicating that traders are actively buying at this level, and this may likely boost the recovery pattern and extend the ongoing correction to a higher level.
Additionally, as the DOGEUSD market sticks to its bullish path, the crypto price might increase further if the bulls push harder.
As a result, the price might bounce up to the $0.415 resistance level in the near days and beyond, fueling excitement and trading activity as the token sticks to its bullish path in its higher time frame.
DOGE (USD) Medium-term Trend: Bullish (4H Chart)
The Dogecoin pair also sticks to its bullish path in its medium-term outlook. The increase in buying pressure at the $0.399 supply value in the previous session has enabled the coin price to stick to its bullish path in its recent resistance level.
At the press time, the DOGEUSD pair sticks to its bullish path today as the 4-hourly bullish candle at $0.398 further rises to a $0.406 supply mark above the moving averages, confirming the bulls’ dominance in the market.
The Dogecoin price has grown significantly, and its breakout should lead the coin prices to generate high turnover for investors.
Furthermore, the daily stochastic signals an uptrend; if the bulls could push harder and sustain the coin price above the $0.406 current high level, the resulting rally may surpass the $0.408 level and hit the $0.415 psychological in the days ahead as the token sticks to its bullish path in its medium-term perspective.
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