DOGE Price Prediction for December 26
12/26/2024 21:08
Can price of DOGE reach $0.30 mark soon?
Original U.Today article
Can price of DOGE reach $0.30 mark soon?
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Bears are more powerful than yesterday, according to CoinMarketCap.
DOGE/USD
The price of DOGE has declined by 5% over the last day.
On the hourly chart, the rate of DOGE keeps looking bearish as the price remains near the local support of $0.3139.
Related
If the situation does not change by the end of the day, one can expect a level breakout, followed by a further correction to the $0.31 area.
On the longer time frame, the price of the meme coin keeps falling after a false breakout of the resistance of $0.3405. If the candle closes near its low, there is a chance to see an ongoing drop to the $0.30 range.
From the midterm point of view, the rate is far from main levels. In addition, the volume has dropped, which means traders are unlikely to see sharp ups and downs soon.
DOGE is trading at $0.3147 at press time.
About the author
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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