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DOGE Price Prediction for October 27

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Sun, 27/10/2024 - 15:47
DOGE Price Prediction for October 27
Cover image via U.Today

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Most of the coins have returned to the green zone on the last day of the week, according to CoinStats.

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Top coins by CoinMarketCap

DOGE/USD

The rate of DOGE has risen by 3.74% since yesterday. Over the last week, the price has risen by 0.27%.

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Image by TradingView

On the hourly chart, one should pay attention to the bar closure in terms of the resistance level of $0.1387. If the candle closes far from it and with no long wick, the growth may continue to the $0.1420 mark.

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Image by TradingView

On the bigger time frame, the rate of DOGE is far from the main levels.

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If the daily bar closes around $0.14, the upward move may lead to a test of the resistance of $0.1470 shortly.

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Image by TradingView

From the midterm point of view, neither bulls nor bears are dominating. In this case, any sharp moves are unlikely to happen soon. All in all, sideways trading in the area of $0.1350-$0.15 is the more likely scenario.

DOGE is trading at $0.1397 at press time.

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