CandleFocus

DOGE Price Prediction for November 28

Author: Content Editor
The cryptocurrency market is showing overall positive growth, with the price of Dogecoin (DOGE) rising by 3.07% in the last 24 hours. However, on the hourly chart, DOGE experienced a false breakout of the local support level of $0.3969. If the daily bar does not close near that mark, there may be further growth towards the resistance level in the coming days. On a larger time frame, there is no clear dominance of either buyers or sellers, resulting in low trading volume and limited expectations for sharp price movements. Sideways trading between $0.38 and $0.42 is the most likely scenario for now. Making distant predictions on the bigger time frame is premature, but if the weekly candle does not close near the resistance level of $0.4385, a correction down to the $0.35 zone could be expected. At the time of writing, DOGE is trading at $0.4030.

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