As the buyer's line-up, the DOGE coin price surpasses crucial EMAs and prepares a jump to reach the $0.20 mark by crossing the 200-day EMA.

Key technical points:
<ul>
 	<li style="font-weight: 400">DOGE prices crack below the $0.22 mark.</li>
 	<li style="font-weight: 400">The death cross gains a bearish spread.</li>
 	<li style="font-weight: 400">The 24-hour trading volume of Dogecoin is $3.08 Billion, marking a 600% rise. </li>
</ul>
<h2>Past Performance of DOGE</h2>
On the 24th of April, it was reported that the <a href="https://www.cryptoknowmics.com/news/elon-musk-reacts-to-dogecoin-founder-saying-doge-ethereum-bridge-will-boost-tokens-utility/">DOGE</a> price hit daily candlesticks closing just below $0.133 support, suggesting that sellers could pull the coin below the bottom of March at $0.111. But, the current chart has a complete rotation as the Dogecoin price increases by 5% and climbs over the crucial support level.

<img src="https://s3.tradingview.com/snapshots/d/DUXNbILN.png" alt="TradingView Chart" />

Source-<a href="https://www.tradingview.com/x/DUXNbILN/" target="_blank" rel="nofollow noopener">Tradingview</a>
<h2>DOGE Technical Analysis </h2>
On Sunday, the price of doge exceeded its $0.133 support, suggesting that sellers might extend the correction. However, the coin saw an impressive inflow on Monday and caused a 5% increase in price. 

The bullish offshoot in the Dogecoin market price surpasses the 50 and 100-day EMA to approach the 200-day EMA. Hence, the breakout of two crucial EMAs reflects a boom in buying pressure. 

MACD Indicator: a sharp upturn in the fast line nearing a bullish crossover indicates aggressive buying from traders. This crossover would bolster traders to a $0.18 breakout to reach the psychological mark of $0.20. 

RSI Indicator:  The RSI values spike higher into the nearly overbought territory after outperforming the 14-day average line. Hence, the indicator reflects a phenomenal rise in the underlying bullishness.

In a nutshell, the DOGE technical analysis shows a potential uptrend continuation to the 200-day EMA.
<h2>Upcoming Trend </h2>
A spike of 600% in trading volume indicates that the DOGE price may signal an upward breakout from the descending trendline. If buyers can succeed then the cryptocurrency would go 23.8%, before hitting resistance at $0.20 resistance.

Resistance Levels: $0.18 and $0.20

Support Levels: $0.135 and $0.12

DOGE Technical Analysis: Will Buyers Reach The $0.20 Level?

As the buyer's line-up, the DOGE coin price surpasses crucial EMAs and prepares a jump to reach the $0.20 mark by crossing the 200-day EMA.

Vikram is a technical analyst with several years of experience in the crypto market &amp; Indian Equity and F&amp;O Segment. He loves to learn anything and everything related to finance. He possesses strong technical and analytical skills, which he leverages to acquaint our audience with upcoming price trends for different coins.

DOGE Technical Analysis: Will Buyers Reach The $0.20 Level?

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