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DOGE Price Prediction for September 20

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Fri, 20/09/2024 - 15:10
DOGE Price Prediction for September 20
Cover image via U.Today

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Bulls keep setting new local peaks, according to CoinMarketCap.

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Top coins by CoinMarketCap

DOGE/USD

The price of DOGE is unchanged since yesterday.

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Image by TradingView

On the hourly chart, the rate of DOGE is near the local support of $0.1041. If the daily bar closes around that mark, the fall is likely to continue to the $0.1030 zone by tomorrow.

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Image by TradingView

On the bigger time frame, the situation remains the same, as none of the sides has seized the initiative yet. 

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In this case, ongoing sideways trading in the area of $0.1040-$0.11 is the more likely scenario for the next few days.

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Image by TradingView

From the midterm point of view, one should wait until the weekly bar closes. If it happens near the previous candle's peak or above, the accumulated energy might be enough for a test of the resistance of $0.11099.

DOGE is trading at $0.1052 at press time.

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