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**DOGE Price Prediction for December 29**
Dogecoin (DOGE) has been under immense pressure from bears in the past few days, resulting in a significant decline in its value. However, it’s crucial to note that bulls have managed to hold onto support levels around $0.2724 and $0.2862, which is a positive sign.
In the short-term perspective, DOGE needs to regain momentum by breaking above the interim area of $0.32-$0.33. If buyers want to seize the initiative, they need to restore the price to at least the $0.34 mark.
While there are no reversal signals yet from the midterm point of view, if bulls lose the support zone around $0.30, a correction is likely to continue shortly to the support level at $0.2724.
Currently, DOGE is trading at $0.3262. If bulls’ pressure continues, there is a possibility of an upper-level breakout, followed by further growth towards the $0.3320-$0.3340 range.
In conclusion, the current sentiment suggests that the DOGE price will likely continue its downward trajectory if bears can push through the support levels.
Source: u.today
