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Title: DOGE Price Prediction for December 25
As we approach the end of 2024, it is crucial to analyze the current market trends and make accurate predictions about the price movement of various cryptocurrencies. In this context, I’m going to share my DOGE price prediction for December 25.
As you can see from the charts, the Dogecoin (DOGE) is falling after a false breakout at $0.3405. If nothing changes by the end of the day, there’s a high chance that we’ll see a level breakout followed by a further correction to around $0.31. This means it would be quite difficult for DOGE price to grow significantly in the short-term.
Taking a look at the midterm perspective, DOGE is still far from significant levels and trading volume has declined significantly which suggests that traders are not likely to see sharp increases or drops anytime soon.
Currently, DOGE is trading at $0.3147 as of press time.
In conclusion, based on this information I am not seeing any compelling reasons to be optimistic about the short-term price movement of Dogecoin.
Source: u.today
