DOGE Price Prediction for December 29

Original U.Today article

How long will accumulation period of DOGE last?

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Most of the cryptocurrencies are in the green zone at the end of the week, according to CoinStats.

DOGE/USD

The rate of DOGE has increased by 3.33% over the last day.

On the hourly chart, the price of the meme coin is closer to the resistance than to the support. If bulls' pressure continues, there is a possibility of an upper level breakout, followed by further growth to the $0.3320-$0.3340 range.

On the bigger time frame, the rate of DOGE has not accumulated enough energy for a sharp move.

If buyers want to seize the initiative, they need to restore the price to at least the $0.34 mark.

From the midterm point of view, there are no reversal signals yet. However, if bulls lose the interim area of $0.30, the correction is likely to continue to the support of $0.2724 shortly.

DOGE is trading at $0.3262 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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DOGE Price Prediction for December 29

DOGE/USD

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