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As most of the ATR has been passed, any sharp moves are unlikely to happen by the end of the day.
Despite the recent fluctuations, Dogecoin’s (DOGE) price prediction for December 13 remains relatively unchanged. The meme coin is trading at $0.3983 at press time.
From a midterm perspective, it is essential to keep an eye on the weekly candle closure in terms of the $0.3650 level. If this happens near the current market rate, the accumulated energy might be sufficient for a breakout followed by a test of the $0.35 zone.
However, if the candle closes near its low, the decline may continue towards the $0.38 zone soon.
In conclusion, DOGE’s price prediction suggests that it is crucial to pay attention to these short-term and midterm factors in order to make informed trading decisions.
Source: u.today
