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DOGE Price Prediction for July 9

Tue, 9/07/2024 – 15:57

Cover image via U.Today

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Bulls are getting back in the game, according to CoinStats.

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DOGE chart by CoinStats

DOGE/USD

Unlike other coins, the rate of DOGE has fallen by 0.18% since yesterday.

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Image by TradingView

On the hourly chart, the price of DOGE is far from the local support and resistance levels. In this case, consolidation in the zone of $0.107-$0.108 is the more likely scenario until tomorrow.

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Image by TradingView

A similar picture can be seen on the daily time frame. The volume has dropped, which means neither buyers nor sellers have seized the initiative. Likewise, traders are unlikely to see sharp ups or downs any time soon.

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Image by TradingView

From the midterm point of view, one should pay attention until the bar’s closure. 

Related

ADA and BNB Price Prediction for July 8

If it happens around current prices, sideways trading between $0.10 and $0.11 is the more likely scenario for the next few weeks.

DOGE is trading at $0.1072 at press time.

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