CandleFocus DOGE Price Prediction for January 17
2025-01-17
Author: Content Editor
The cryptocurrency market is experiencing an upward trend, with the rate of DOGE increasing by 8.04% in the last 24 hours. On the hourly chart, the price of DOGE has made a false breakout of the local resistance at $0.4181, potentially leading to a correction to the $0.40 area. On a larger time frame, attention should be paid to the candle's closure at the nearest level of $0.4230, indicating a potential continuation of the upward move to the $0.43-$0.44 range. In the midterm, DOGE is far from key levels, but if the weekly bar closes above $0.40, there is a chance of testing the resistance at $0.48 by the end of the month. DOGE is currently trading at $0.4104.
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