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DOGE Price Prediction for December 14

DOGE Price Prediction for December 14

CryptoNewsNetCryptoNewsNet2024/12/14 17:00
By:u.today

Bears have sized the initiative at the beginning of the weekend, according to CoinMarketCap.

DOGE Price Prediction for December 14 image 0

DOGE/USD

The rate of DOGE has declined by 1.34% over the last 24 hours.

DOGE Price Prediction for December 14 image 1

The price of DOGE might have set a local support level of $0.3934. As most of the ATR has been passed, any sharp moves are unlikely to happen by the end of the day.

DOGE Price Prediction for December 14 image 2

On the bigger time frame, the rate of the meme coin is far from the support and resistance levels.

However, if the candle closes near its low, the decline may continue to the $0.38 zone soon.

DOGE Price Prediction for December 14 image 3

From the midterm point of view, one should pay attention to the weekly candle closure in terms of the $0.3650 level. If it happens near it, the accumulated energy might be enough for a breakout, followed by a test of the $0.35 zone.

DOGE is trading at $0.3983 at press time.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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