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**DOGE Price Prediction for February 11**
As we approach the end of the week, Dogecoin (DOGE) price is showing signs of slowing down and consolidating within a range. According to recent analysis, the rate of DOGE has come back to its local support of $0.2558.
If sellers continue to apply pressure, it’s possible that traders could witness a level breakout, followed by an ongoing correction towards the $0.25 zone. This would mark a significant decline for the meme coin, as it would result in a substantial drop in value.
On a more extended time frame, DOGE’s price is trading within its previous bar, indicating that the market may not be ready to make any sudden moves just yet. As of this writing, the price of DOGE sits at $0.2593.
While the possibility of sharp movements remains low, it’s crucial for traders and investors to stay vigilant and keep an eye on the situation as it unfolds.
In light of these developments, our prediction is that DOGE will not be experiencing any major changes by the end of this week, with the potential for a correction towards the $0.25 area if sellers continue to gain traction.
Source: u.today
