DOGE Price Prediction for March 9
The end of the week is bearish for most of the coins, according to CoinMarketCap.
DOGE/USD
The rate of DOGE has dropped by 5.17% since yesterday, while the price change over the last week has made up -10.76%.
On the hourly chart, the price of DOGE is near the recently formed support of $0.1837. However, if the daily bar closes far from that mark, one can expect a local bounce back to the $0.19 range soon.
On the bigger time frame, there are no reversal signals yet.
If the candle closes around the current prices, there is a chance to see a test of the nearest support of $0.1750 over the next few days.
From the midterm point of view, the situation is similar. The volume remains low, with buyers not powerful enough to seize the initiative. In this case, traders may witness drop to the $0.15-$0.17 range soon.
DOGE is trading at $0.1849 at press time.
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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