DOGE Prediction for August 17

As a seasoned analyst with years of experience in the cryptocurrency market, I’ve seen trends come and go like waves on the shore. Today, looking at the current state of Dogecoin (DOGE), it seems we’re witnessing a gentle uptick that could potentially be more than just a ripple. The hourly chart indicates a break above the local resistance level of $0.1014, hinting at a possible move towards the $0.1035 zone in the near future.


Most of the coins are slightly rising, according to CoinMarketCap.

DOGE Prediction for August 17

DOGE/USD

The price of DOGE has gone up by 1.93% over the last day.

DOGE Prediction for August 17

On the one-hour timeframe, Dogecoin’s price has surpassed its nearby resistance at approximately $0.1014. Should today’s daily candle close above that point, the bullish trend could potentially extend towards the $0.1035 region tomorrow.

DOGE Prediction for August 17

Over a larger period, the situation hasn’t seen significant shifts. The value of the meme token continues to fluctuate within a broad range, indicating that both buyers and sellers currently lack the momentum for a more pronounced movement.

For the upcoming week, it’s more probable that we’ll see a continuation of fluctuating prices around the range of $0.10 to $0.1050.

DOGE Prediction for August 17

Looking from a midpoint perspective, the scenario appears rather parallel. Should the week’s closing price hover near the present levels, market participants might anticipate a period of stability or consolidation around approximately $0.10, persisting till the end of the month.

DOGE is trading at $0.1014 at press time.

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2024-08-17 18:01