Dogecoin (DOGE) Strengthens, Traders Watch For Sustained Upside

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NewsBTC • May 6, 2026 at 05:20 • Analysis
Dogecoin started a decent increase above $0.1080 against the US Dollar. DOGE is now consolidating and might aim for an upside break above $0.1165. DOGE price started a fresh increase above $0.1120 and $0.1150. The price is trading above the $0.1120 level and the 100-hourly simple moving average. There is a bullish trend line forming with support at $0.1125 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 $0.1120. Dogecoin Price Climbs Above $0.120 Dogecoin price started a fresh increase after it settled above $0.1050, like Bitcoin and Ethereum. DOGE climbed above the $0.1080 resistance to enter a positive zone. The bulls were able to push the price above $0.1150. A high was formed ...

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