DOGE Price Prediction for July 11

07/11/2024 22:18
DOGE Price Prediction for July 11

Is price of DOGE ready for local rise?

Original U.Today article

DOGE Price Prediction for July 11

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Some coins from the top 10 list are bouncing off, according to CoinMarketCap.

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Top coins by CoinMarketCap

DOGE/USD

The price of DOGE has increased by 0.36% over the last 24 hours.

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Image by TradingView

On the hourly chart, the rate of DOGE has broken the local resistance level of $0.1089. If buyers can hold the gained initiative and the daily candle closes far from it, the upward move may continue to the $0.11150 zone soon.

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Image by TradingView

On the daily time frame, the price of the meme coin has broken the interim level of $0.1095. 

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If the bar closes above it and with no long wick, growth may lead to the test of the $0.1140 zone until the end of the week.

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Image by TradingView

A less bullish picture can be seen on the weekly chart. The rate of DOGE is trading within the previous candle. Buyers may start thinking about a possible reversal, but only if they return the price above the $0.12 area.

DOGE is trading at $0.1109 at press time.

About the author

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Denys Serhiichuk

With more than 5 years of trading, Denys has a deep knowledge of both technical and fundamental market analysis. Mainly, he has started his blog on TradingView where publishes all relevant information and makes predictions about top coins.
Thus, his experience is backed up by working in top blockchain related companies such as W12, Platinum Listing, ATB Coin, and others, can be contacted at [email protected].

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