DOGE coin price shows a discount of 85% from the all-time high level of $0.7315  as the resistance trendline influences bearishness. 

Key technical points:
<ul>
 	<li style="font-weight: 400">DOGE price surpasses the $0.10 mark.</li>
 	<li style="font-weight: 400">However, Memecoin struggles to surpass the long-coming resistance trendline. </li>
 	<li style="font-weight: 400">The 24-hour trading volume of Dogecoin is $517 Million, marking a 9.50% rise. </li>
</ul>
<h2>Past Performance of DOGE</h2>
DOGE coin price shows a long-coming downtrend in action resulting in a highly bearish resistance trendline that has crushed multiple bullish attempts. The downfall accounts for a 65% discount resulting in lower high formations under the trendline influence. However, the $0.10 breakout teases the trendline breakout possibility. 

<img src="https://s3.tradingview.com/snapshots/m/mtUQtAmG.png" alt="TradingView Chart" />

Source-<a href="https://www.tradingview.com/x/mtUQtAmG/">Tradingview</a>
<h2>DOGE Technical Analysis </h2>
DOGE coin price forms a falling wedge pattern with a new-coming descending support trendline indicating a breakout shortly, as the price bottles up the pattern. Hence, an entry opportunity to capture the upcoming. 

The multiple failures to sustain above the 50-day EMA after the death cross-promote the downtrend continuation. However, the 50-day EMA breakout could result in a price jump to the 200-day EMA, accounting for a 40% surge. 

RSI Indicator: The RSI slope reflects an end of the long-coming downtrend with a spike above the center mark and the 14-day SMA. Moreover, the bullish commitment is evident with the bullish divergence breakout.

MACD Indicator: The MACD and signal end the downtrend after regaining the bullish alignment with a positive crossover. It showcases a solid underlying bullishness that could result in the wedge breakout. 

In short, DOGE technical analysis gives a bullish bias that might end the long-coming downfall shortly.
<h2>Upcoming Trend </h2>
DOGE coin price breaks the $0.10 mark to reach the $0.125 mark as the buying pressure grows along with the buying indications. However, the bullish breakout of the wedge pattern also puts a potential result of a 40% price jump to the 200-day EMA. 

Support Levels: $0.10 and $0.090

Resistance Levels: $0.15 and $0.20

DOGE Technical Analysis: Can Dogecoin Rise 40% To Test 200-day EMA?

DOGE coin price shows a discount of 85% from the all-time high level of $0.7315  as the resistance trendline continues to influence bearishness. 

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: Can Dogecoin Rise 40% To Test 200-day EMA?

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