Is DOGE About to Crash? You Won’t Believe This Prediction!

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So, here we are at the end of the week, and guess what? It’s bearish for most coins. Shocking, right? I mean, who could have seen that coming? 🙄

DOGE/USD

Now, let’s talk about DOGE. The rate has plummeted by 7.67% since yesterday. I know, I know, it’s like watching a slow-motion train wreck. Over the last week, it’s down 15.11%. What a ride! 🎢

Looking at the hourly chart, DOGE is closer to the support level than the resistance. It’s like being stuck in a traffic jam—no sharp moves in sight. Just sit back and enjoy the ride, folks! 🚗💨

And on the bigger time frame? No reversal signals. If the daily candle closes near its low, we might just see a drop to the nearest support of $0.2724. Exciting stuff, huh? 😒

From a midterm perspective, it’s pretty much the same story. If the weekly bar closes around current prices, traders might get to experience the thrill of testing that support level by mid-February. Can’t wait! 🙃

As of now, DOGE is trading at $0.2959. Buckle up, everyone!

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2025-02-02 18:31