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DOGE Price Prediction for February 27

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Tue, 27/02/2024 - 18:00
DOGE Price Prediction for February 27
Cover image via www.tradingview.com

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Bulls are not giving bears any chances, according to CoinStats.

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DOGE chart by CoinStats

DOGE/USD

DOGE is one of the biggest gainers today, rocketing by around 14%.

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Image by TradingView

On the hourly chart, the price of DOGE might have set a local peak at $0.09820. If the daily bar closes far from it, sellers might locally seize the initiative, which could lead to a test of the $0.095 zone tomorrow.

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Image by TradingView

On the longer time frame, the rate of DOGE has broken the $0.09058 level. Until the price is above that mark, bulls are more powerful than bears. 

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In this case, there is a chance to see a further upward move to the $0.010 area and above.

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Image by TradingView

From the midterm point of view, the situation is similar. If the weekly candle closes around current prices, growth may continue to the next resistance zone at $0.10645.

DOGE is trading at $0.0955 at press time.

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