CandleFocus DOGE Price Prediction for December 17
2024-12-17
Author: Content Editor
The price of Dogecoin (DOGE) has risen by 2.63% over the last 24 hours, and it is approaching a local resistance level of $0.4073. If the daily bar closes near or above this level, it is likely that the upward movement will continue towards the $0.41 area by tomorrow. However, on a larger time frame, the picture is less positive as the rate is far from support and resistance levels. A further rise may only be possible if the rate is restored to the $0.4230 mark. In the short term, sideways trading between $0.3950 and $0.4150 is expected, and there is no clear dominance from either side. Traders should not anticipate any significant price movements by the end of the week. At the time of writing, DOGE is trading at $0.4061.
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