Dogecoin (DOGE) suddenly surged on April 22, with the USD exchange rate strongly taking off from $0.1500, breaking through the significant barrier of $0.1550! Currently, the price is consolidating above $0.1580, the 100-hour moving average has been stepped on, and the bullish army is gathering firepower, aiming at the key resistance at $0.1650!
Technical Explosion Signal
Hourly Chart Shows Golden Trend Line: DOGE/USD has formed strong support at $0.1590, Kraken data indicates that if this 'rocket launch pad' holds, the price will soar to the sky!
Fibonacci Magic at Work: The 76.4% retracement level ($0.1620) and 50% retracement level ($0.1600) have become stepping stones for bulls, breaking $0.1640 will trigger a FOMO frenzy!
MACD + RSI Dual Engine Ignition: MACD momentum bar turns red, RSI breaks into strong territory above 50, technical indicators collectively signal: 'The Bulls are Here!'
Surge Target Level
First Stop: $0.1650 (Breakout Confirms Bull Market 2.0)
Second Stop: $0.1720 (Fuel Depot for Bear Liquidation)
Ultimate Carnival: $0.1800 (2025 New High is Just Around the Corner!)
If it fails to break $0.1620, it may short-term retrace to the support at $0.1590. However, the consensus in the Dogecoin community is invincible, and $0.1550 is the 'diamond bottom', with a very low probability of breaking!
As Elon Musk's X platform accelerates the integration of cryptocurrency payments, Dogecoin, as the 'King of Meme Coins', is continuously upgrading its fundamentals! Not buying DOGE now is like missing out on Bitcoin at $0.05! Now closely watch for a breakout signal at $0.1650, the battle between bulls and bears is about to ignite!
