CandleFocus DOGE Price Prediction for November 21
2024-11-21
Author: Content Editor
According to CoinMarketCap, there is no clear trend in the crypto market today. The price of DOGE has fallen slightly in the past 24 hours, but on the hourly chart, it appears to be bullish with potential for growth if it breaks the local resistance of $0.3894. On a larger time frame, the rate of DOGE is accumulating energy for a future move, but with low volume, neither side has significant control. Therefore, sideways trading in the range of $0.38-$0.40 is the more likely scenario. From a midterm perspective, it is important to monitor the closure of the weekly candle and its peak. If it closes with a long wick, there is a possibility of a correction to the $0.32-$0.34 area. Currently, DOGE is trading at $0.3889.
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