#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
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