#Dogecoin price rebounded from $0.1230 against the US Dollar and is now targeting $0.200.
After a correction from its peak at $0.1900, Dogecoin tested the 38.20% Fibonacci retracement level at $0.1270 before bouncing back.
The current price is trading above the 78.60% Fibonacci retracement levels after finding support at the 38.20% level.
The surge in price follows the announcement of major crypto-exchange Coinbase launching DOGE-based futures on April 1.
Dogecoin's price is maintaining levels above key bull market indicators, including the 20-50-100 and 200 Day Exponential Moving Averages.
In recent weeks, Dogecoin has been aiming to enter the $0.17 to $0.18 zone, with a bullish weekly close pushing it into this range.
Consequently, if Dogecoin remains within this zone until the end of the month, it's anticipated to surge past $0.25.
According to Coingabbar's Price Analysis, Can Dogecoin reach $1 ahead of historical trends?
Dogecoin Price Prediction 2030 anticipates a surge to $2.50 and Dogecoin Price Prediction 2040 it's projected to reach $5.00.
KEY LEVELS :
RESISTANCE LEVEL : $0.20600-$0.25000
SUPPORT LEVEL : $0.14500-$0.12000
Disclaimer: Coingabbar's guidance and chart analysis on cryptocurrencies, NFTs, or any other decentralized investments is for informational purposes only. None of it is financial advice. Users are strongly advised to conduct their research, exercise judgment, and be aware of the inherent risks associated with any financial instruments. Coingabbar is not liable for any financial losses. Cryptocurrency and NFT markets could be highly volatile; users should consult financial professionals and assess their risk tolerance before investing.
