CandleFocus

DOGE Price Prediction for October 9

The crypto market is experiencing mixed trading, with some coins in the green zone while others are declining. DOGE is one of the top gainers today, rising by nearly 3%. On the hourly chart, DOGE's rate is increasing after breaking out of the $0.1096 level. If buyers can maintain control and the daily bar closes above this level, further growth towards the $0.1130 area is possible. On a larger time frame, attention should be given to the $0.1129 level, as closing above it without a long wick could generate enough momentum for a move to the $0.12 range by the end of the week. However, the weekly chart suggests that DOGE is currently trading within the previous bar, indicating no clear dominance from either bulls or bears. If no significant changes occur by the end of the week, consolidation between the $0.1050-$0.1250 area is the more likely scenario. As of now, DOGE is trading at $0.1104.

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