DOGE Price Prediction for April 9

Price Analysis
Tue, 04/09/2024 - 14:45
Cover image via www.tradingview.com
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The majority of coins could not keep yesterday's growth going; however, there are some exceptions, according to CoinMarketCap.

Top coins by CoinMarketCap

DOGE/USD

DOGE is one of the biggest losers today, falling by 4.60%.

Image by TradingView

On the hourly chart, the rate of DOGE keeps looking bearish as it is coming back to the local support level of $0.1928. If it breaks out, the drop is likely to continue to the $0.19 zone.

Image by TradingView

On the daily time frame, bulls could not keep the rise going after yesterday's bullish bar closure. At the moment, there are no reversal signals yet, which means there is a high chance to see a test of the $0.18-$0.19 area soon.

Image by TradingView

From the mid-term point of view, the price of DOGE is falling after a failed attempt to fix above the $0.20 zone. 

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Cardano (ADA) Price Prediction for April 7

If the situation does not change by the end of the week, traders may witness a test of the support level of $0.17 by mid-April.

DOGE is trading at $0.1924 at press time.