{"id":62252,"date":"2025-01-24T12:42:56","date_gmt":"2025-01-24T17:42:56","guid":{"rendered":"https:\/\/www.businessupturn.com\/usa\/?p=62252"},"modified":"2025-01-24T12:42:56","modified_gmt":"2025-01-24T17:42:56","slug":"crypto-update-dogecoin-stuck-in-ascending-channel-bulls-eyeing-0-40-resistance","status":"publish","type":"post","link":"https:\/\/www.businessupturn.com\/usa\/crypto-update-dogecoin-stuck-in-ascending-channel-bulls-eyeing-0-40-resistance\/62252\/","title":{"rendered":"Crypto update: Dogecoin stuck in ascending channel, bulls eyeing $0.40 resistance"},"content":{"rendered":"<p>Dogecoin (DOGEUSD) remains trapped within the ascending channel pattern, showing signs of buying near the support line and selling near the resistance line. Currently, DOGE is trading at $0.3593, with a 1.80% increase, indicating a modest bullish movement.<\/p>\n<p>If buyers manage to push the price above the moving averages, the DOGEUSDT pair could climb toward the $0.40 resistance level and potentially reach the channel\u2019s upper resistance. A successful breakout and close above the channel could signal a strong rally, with the next target at $0.48.<\/p>\n<p>However, if Dogecoin turns down from the moving averages, the risk of a breakdown below the support line increases. This could lead to a significant decline, with potential targets at $0.30 and the 61.8% Fibonacci retracement level at $0.27.<\/p>\n<h3>Trading Data (as of 12:40 PM, 24 January 2025 GMT-5):<\/h3>\n<ul>\n<li>Dogecoin (DOGEUSD) Price: $0.3593 (+1.80%)<\/li>\n<li>Market Cap: $53.095 Billion<\/li>\n<li>24-Hour Volume: $2.67 Billion<\/li>\n<li>Circulating Supply: 147.76 Billion DOGE<\/li>\n<\/ul>\n<p><strong>Disclaimer:<\/strong> This article is for informational purposes only and does not constitute financial or investment advice.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Dogecoin (DOGEUSD) remains trapped within the ascending channel pattern, showing signs of buying near the support line and selling near\u2026<\/p>\n","protected":false},"author":434,"featured_media":61466,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[76],"tags":[24533,17535,22446,3926,22402,23658,24541,24540,22929],"class_list":["post-62252","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency","tag-bullish-outlook","tag-crypto-market","tag-crypto-news","tag-cryptocurrency","tag-dogecoin","tag-dogecoin-price","tag-dogecoin-technical-analysis","tag-dogeusd","tag-market-analysis"],"reading_time":"1 min read","_links":{"self":[{"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/posts\/62252","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/users\/434"}],"replies":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/comments?post=62252"}],"version-history":[{"count":0,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/posts\/62252\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/media\/61466"}],"wp:attachment":[{"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/media?parent=62252"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/categories?post=62252"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/tags?post=62252"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}