As a seasoned researcher with years of experience in the cryptocurrency market, I find myself constantly intrigued by the unpredictable dance of DOGE‘s price movements. This weekend presents an interesting conundrum – a standstill at present, but the potential for significant shifts looms large.
The market is neither bullish nor bearish at the beginning of the weekend, according to CoinStats.
DOGE/USD
The price of DOGE has not changed since yesterday.
On an hourly timeframe, the Dogecoin (DOGE) price has dropped following a misleading surge past its resistance at $0.4339. Should selling pressure persist, a potential challenge of the support level may occur by the next day.
On a larger scale, a more optimistic scenario unfolds. If the price breaches the $0.4385 threshold, there could be sufficient momentum for a surge toward the $0.45 range and potentially beyond.
Such a scenario is relevant for the following week.
On the weekly chart, the scenario repeats itself. As the candle approaches the resistance level, a potential breakthrough towards the $0.50 range becomes increasingly probable.
DOGE is trading at $0.4206 at press time.
Read More
- FIS PREDICTION. FIS cryptocurrency
- LUNC PREDICTION. LUNC cryptocurrency
- Tips For Running A Gothic Horror Campaign In D&D
- EUR CAD PREDICTION
- XRP PREDICTION. XRP cryptocurrency
- Luma Island: All Mountain Offering Crystal Locations
- DCU: Who is Jason Momoa’s Lobo?
- OSRS: Best Tasks to Block
- EUR ARS PREDICTION
- INR RUB PREDICTION
2024-11-30 18:50