Advertisement
AD

Main navigation

DOGE Price Analysis for October 28

Advertisement
Sat, 28/10/2023 - 17:02
DOGE Price Analysis for October 28
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

A correction might have begun on the cryptocurrency market, according to CoinStats.

Advertisement
Article image
DOGE chart by CoinStats

DOGE/USD

The rate of DOGE has declined by 2.1% over the last 24 hours.

Article image
Image by TradingView

On the hourly time frame, the rate of DOGE has made a false breakout of the local resistance at $0.06978. If the decline continues, one can expect a test of the support at $0.067 soon. Such a scenario is relevant until tomorrow.

Article image
Image by TradingView

On the bigger chart, it is too early to make any predictions as the rate is far from the support and resistance levels.

Related

As neither side has seized the initiative yet, sideways trading in the area of $0.065-$0.072 is the more likely scenario for the next week.

Article image
Image by TradingView

On the weekly time frame, traders should focus on the bar closure in terms of the level of $0.06858. If it happens above it, there is a possibility to see a further upward move to the $0.075 area.

DOGE is trading at $0.06889 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