The price of DOGE has seen a slight rise of 0.33% since yesterday, but over the past week, it has fallen by 10%. The current price of DOGE is looking bearish on the hourly chart, and if it breaks the local support of $0.2435, it is likely to drop to the $0.24 area by tomorrow. On a larger time frame, traders should focus on the interim zone of $0.24, as a daily bar closing below that mark may lead to a test of the $0.22-$0.23 range. There are currently no reversal signals from a midterm perspective. If the weekly bar closes near the support of $0.22, there may be enough momentum for a test of the vital zone of $0.20 by the end of the month. At the time of writing, DOGE is trading at $0.2437.
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