---
title: "Dogecoin (DOGE) Lifts Further, Momentum Points To More Gains"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/285030219.md"
description: "Dogecoin (DOGE) has seen a significant increase, trading above $0.1050 and consolidating with potential for further gains above $0.1150. The price is currently above $0.1100 and supported by a bullish trend line at $0.1085. Immediate resistance is at $0.1135, with major resistance levels at $0.1150 and $0.120. If DOGE fails to break above $0.1150, it may face a downside correction, with support levels at $0.1100 and $0.1075. Technical indicators show bullish momentum in the MACD and RSI."
datetime: "2026-05-04T05:18:07.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/285030219.md)
  - [en](https://longbridge.com/en/news/285030219.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/285030219.md)
---

# Dogecoin (DOGE) Lifts Further, Momentum Points To More Gains

_Dogecoin started a decent increase above $0.1050 against the US Dollar. DOGE is now consolidating and might aim for an upside break above $0.1150._

-   DOGE price started a fresh increase above $0.1150 and $0.120.
-   The price is trading above the $0.1085 level and the 100-hourly simple moving average.
-   There is a bullish trend line forming with support at $0.1085 on the hourly chart of the DOGE/USD pair (data source from Kraken).
-   The price could aim for a fresh increase if it remains stable above $0.1150.

**Dogecoin Price Climbs Above $0.1120**

Dogecoin price started a fresh increase after it settled above $0.10, like Bitcoin and Ethereum. DOGE climbed above the $0.1050 resistance to enter a positive zone.

The bulls were able to push the price above $0.1120. A high was formed at $0.1137 and the price is now consolidating above the 23.6% Fib retracement level of the upward move from the $0.1009 swing low to the $0.1137 high.

Dogecoin price is now trading above the $0.1100 level and the 100-hourly simple moving average. There is also a bullish trend line forming with support at $0.1085 on the hourly chart of the DOGE/USD pair.

If there is another increase, immediate resistance on the upside is near the $0.1135 level. The first major resistance for the bulls could be near the $0.1150 level.

The next major resistance is near the $0.120 level. A close above the $0.120 resistance might send the price toward $0.1220. Any more gains might send the price toward $0.1250. The next major stop for the bulls might be $0.1320.

**Another Decline In DOGE?**

If DOGE’s price fails to climb above the $0.1150 level, it could start a downside correction. Initial support on the downside is near the $0.1100 level. The next major support is near the $0.1085 level or the trend line.

The main support sits at $0.1075 and the 50% Fib retracement level of the upward move from the $0.1009 swing low to the $0.1137 high. If there is a downside break below the $0.1075 support, the price could decline further. In the stated case, the price might slide toward the $0.1020 level or even $0.10 in the near term.

Technical Indicators

Hourly MACD – The MACD for DOGE/USD is now gaining momentum in the bullish zone.

Hourly RSI (Relative Strength Index) – The RSI for DOGE/USD is now above the 50 level.

Major Support Levels – $0.1085 and $0.1075

Major Resistance Levels – $0.1135 and $0.1150.

### Related Stocks

- [GDOG.US](https://longbridge.com/en/quote/GDOG.US.md)
- [TDOG.US](https://longbridge.com/en/quote/TDOG.US.md)
- [DOGEUSD.VAHK](https://longbridge.com/en/quote/DOGEUSD.VAHK.md)

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