Advertisement
AD

Main navigation

DOGE Price Analysis for May 27

Advertisement
Sat, 27/05/2023 - 17:45
DOGE Price Analysis for May 27
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 weekend has started with a slight bull dominance, according to CoinMarketCap's ranking.

Advertisement

Top 10 coins by CoinMarketCap

Top coins by CoinMarketCap

DOGE/USD

The price of DOGE has increased by 0.73% over the last 24 hours.

DOGE/USD chart by Trading View

Image by TradingView

On the hourly chart, the rate of DOGE is consolidating in the middle of the local channel after a false breakout of the support at $0.07082.

Related

If buyers can hold the gained initiative and the candle closes near the mark of $0.07160, the growth may continue to the resistance at $0.07188 tomorrow.

DOGE/USD chart by Trading View

Image by TradingView

On the bigger time frame, today's rise has not affected the general position of DOGE. The falling volume confirms this fact. In this case, ongoing sideways trading in the narrow range of $0.071-$0.073 is the more likely scenario for next week.

DOGE/USD chart by Trading View

Image by TradingView

On the weekly chart, the price of DOGE is more bearish than bullish as the rate is far form the key levels. Currently, traders should focus on the $0.07 zone. Bar closure below it might be a prerequisite for a sharp drop below the support at $0.06581.

DOGE is trading at $0.07142 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