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DOGE Price Prediction for October 25

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Fri, 25/10/2024 - 14:13
DOGE Price Prediction for October 25
Cover image via U.Today

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Most of the coins are coming back to the red zone, according to CoinMarketCap.

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Top coins by CoinMarketCap

DOGE/USD

The rate of DOGE has declined by 0.71% over the last 24 hours.

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Image by TradingView

On the hourly chart, the price of DOGE remains under sellers' pressure. 

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If the daily bar closes near the local support of $0.1374, one can expect an ongoing fall to the $0.1350 range tomorrow.

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Image by TradingView

On the daily time frame, bears are also more powerful than bulls. If buyers cannot seize the initiative shortly, there is a chance to see a support breakout, followed by a test of the 0.13 zone shortly.

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Image by TradingView

From the midterm point of view, traders should pay attention to the weekly candle closure in terms of the $0.1470 level. If it happens far from it, one can expect a correction to the $0.1250-$0.13 area.

DOGE is trading at $0.1392 at press time.

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