DOGE Price Analysis for January 9 - U.Today

Friday is mainly under buyers’ control, according to CoinStats.

Article imageDOGE chart by CoinStats## DOGE/USD

The price of DOGE has risen by 0.35% over the last 24 hours.

Article imageImage by TradingViewOn the hourly chart, the rate of DOGE is approaching the local support at $0.1388. If its breakout happens and the daily candle closes below that mark, there is a chance of seeing a test of the $0.1350 area tomorrow.

Article imageImage by TradingViewOn the longer time frame, there are no reversal signals yet. The price of DOGE keeps going down after a false breakout of the resistance at $0.1555.

If the situation does not change by the end of the day, traders can expect a further drop to the $0.13-$0.1350 range soon.

Article imageImage by TradingViewFrom the midterm point of view, bulls have failed to keep the rise going after the previous bullish candle’s closure. If buyers cannot return to the game, there is a chance to witness a test of the $0.12-$0.13 area by the end of the month.

DOGE is trading at $0.1392 at press time.

DOGE-0.6%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)