Advertisement
AD

Main navigation

DOGE Price Analysis for December 4

Advertisement
Sun, 4/12/2022 - 19:30
DOGE Price Analysis for December 4
Cover image via www.tradingview.com

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

Read U.TODAY on
Google News

The market is trading sideways, according to CoinMarketCap's ranking.

Advertisement

Top 10 coins by CoinMarketCap

DOGE/USD

DOGE is an exception, rising by 4.72% over the last day.

DOGE/USD chart by TradingView

DOGE started the last day of the week with a false breakout of the local support level at $0.10139. However, the growth was stopped at the resistance at $0.10497.

Related

Any sharp moves are unlikely to happen by the end of the day as most of the average true range (ATR) has passed.

DOGE/USD chart by TradingView

On the daily chart, DOGE is still trying to get closer to the resistance level at $0.10799. If bulls manage to do that, the growth may lead to a further test of the $0.1150 zone by the end of the month.

DOGE/USD chart by TradingView

Bulls managed to hold the price near the peak of the last closed candle at $0.10799. It means that buyers might need more time to accumulate strength for a further move. In this case, sideways trading in the range of $0.10-$0.105 is the more likely scenario for the next weeks.

DOGE is trading at $0.10318 at press time.

Related articles

Advertisement
TopCryptoNewsinYourMailbox
TopCryptoNewsinYourMailbox
Advertisement
Advertisement

Recommended articles

Latest Press Releases

Our social media
There's a lot to see there, too

Popular articles

Advertisement
AD