CandleFocus DOGE Price Prediction for October 3
2024-10-03
Author: Content Editor
According to CoinStats, buyers are not yet ready to take control in the cryptocurrency market. The price of DOGE (Dogecoin) has declined by 0.85% in the past day. On the hourly chart, the rate of DOGE is experiencing a rise after a false breakout of the support level of $0.1018. If this growth continues and the daily candle closes near the resistance level, there is a possibility of a test of the $0.11 zone in the near future. However, on the bigger time frame, DOGE is far from key levels and sideways trading between $0.10 and $0.11 is the more likely scenario. From a midterm perspective, it is important to focus on the closure of the weekly bar in relation to the previous candle low. If DOGE breaks the $0.10 mark, the price may continue to fall towards the $0.09 mark and beyond. At the time of writing, DOGE is trading at $0.1035.
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