CandleFocus DOGE Price Prediction for October 19
2024-10-19
Author: Content Editor
According to CoinMarketCap, buyers are currently dominating the market and not giving any chances to bears. The price of DOGE has increased by 7.39% today and is trading near the local resistance level of $0.1461. While a continued upward move is unlikely due to most of the daily average true range (ATR) being passed, there is a possibility of a breakout tomorrow if buyers can maintain the gained initiative and the bar closes around the current prices. If the bar closes above the $0.1437 level and with no long wick, it is likely that the growth will continue to the $0.15-$0.1550 range next week. In the midterm, if the weekly candle closes bullish, there is potential for a test of the $0.1750 resistance. Currently, DOGE is trading at $0.1447.
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