CandleFocus

DOGE Price Prediction for October 27

Author: Content Editor
The cryptocurrency market saw a positive end to the week, with most coins entering the green zone, according to CoinStats. Specifically, the price of DOGE has increased by 3.74% since the previous day and 0.27% over the past week. Short-term analysis suggests that if the resistance level of $0.1387 is surpassed and the candle closes without a long wick, DOGE could continue to rise towards the $0.1420 mark. On a larger time frame, DOGE is currently trading far from major levels. However, if the daily bar closes around $0.14, it could lead to a test of the resistance level of $0.1470 in the near term. In the midterm, there is currently no dominance from either bulls or bears, indicating that any significant movements are unlikely in the near future. Therefore, it is more likely that DOGE will continue to trade sideways within the range of $0.1350-$0.15. At the time of writing, DOGE is trading at $0.1397.

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