Dogecoin Price Prediction Today: Daily (DOGE) Value Forecast

Dogecoin Price Prediction Today: Daily (DOGE) Value Forecast

Saturday, July 13, 2019, 6:32 PM
  • Presently, the Dogecoin is fluctuating between the levels of$0.002500 and $0.003500.
  • The small body candlesticks appear to describe the indecision between the buyers and sellers at the current market price.

DOGE/USD Medium-term trend: Ranging

  • Resistance Levels: $0.003600, $0.003800, $0.004000
  • Support levels: $0.003200, $0.003000, $0.002800

Yesterday, July 11, the price of DOGE was fluctuating below the EMAs. The 12-day EMA and the 26-day EMA were sloping horizontally indicating that price was in a range bound move. With the exception of the upper price level, neither the bulls nor the bears have broken out of the range bound zone. Presently, the Dogecoin is fluctuating between the levels of$0.002500 and $0.003500.

On June 26 and July 5, the bulls have broken out of the range-bound zone but the bears pulled back price into the range bound zone. However, the price of Dogecoin is likely to range a few more days because of the presence of small body candlestick. The small body candlesticks appear to describe the indecision between the buyers and sellers at the current market price. Meanwhile, the MACD line and the signal line are above the zero line which indicates a buy signal.

DOGE/USD Short-term Trend: Ranging

On the 1-hour chart, the price of DOGE is in a sideways trend zone. The 12-day EMA and the 26-day EMA was trending horizontally indicating a sideways trend. The crypto’s price is fluctuating below above the EMAs. The bears found support at the $0.0033500
Meanwhile, the MACD line and the signal line are above the zero line which indicates a buy signal.

Source. bitcoinexchangeguide.

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