DOGE price forecast for December 29

DOGE price forecast for December 29
Cover image via Yo today

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Most cryptocurrencies are in the green at the end of the week, according to CoinStats.

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DOGE chart by CoinStats

Doji/USD

DOGE rose by 3.33% over the past day.

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Photo by TradingView

On the hourly chart, the price of the meme coin is closer to resistance than support. If the pressure from the bulls continues, there is a possibility of a breakout to the upper level, followed by further growth to the $0.3320-$0.3340 range.

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Photo by TradingView

On the larger time frame, DOGE price did not gather enough energy to make a sharp movement.

Related to

Bitcoin (BTC) price forecast for December 28

If buyers want to seize the initiative, they must bring the price back to at least the $0.34 mark.

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Photo by TradingView

From a mid-term point of view, there are no reversal signals yet. However, if the bulls lose the $0.30 temporary zone, the correction to the $0.2724 support is likely to continue soon.

DOGE is trading at $0.3262 at press time.



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