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DOGE Price Prediction for December 20
As we approach the end of the year, it’s crucial to monitor the market trends and stay updated on the latest price movements. In a recent update, Denys Serhiichuk, a well-known trader and expert in the blockchain industry, has shared his insights on the current state of Dogecoin (DOGE) and its potential future trajectory.
According to Mr. Serhiichuk’s analysis, if the correction continues, traders may expect a test of the support level by tomorrow. This could potentially lead to a further decline in price. Moreover, he emphasized that from a midterm perspective, it is essential for traders to pay attention to the candle closure in relation to the $0.2724 level.
As of press time, DOGE is trading at $0.3252, which raises concerns about a possible test of the aforementioned support level. Mr. Serhiichuk believes that if this scenario unfolds, it could result in a further decline in price towards the $0.28-$0.30 area.
This analysis highlights the importance of staying vigilant and adapting to market conditions as they evolve. It is essential for investors to stay informed about the current trends and potential changes in order to make informed decisions.
Will DOGE continue its downward trajectory, or will it bounce back? Only time will tell.
Source: u.today
