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Title: DOGE Price Prediction for June 21
As we approach the end of the week, it’s essential to examine the current market trends and their potential impact on Dogecoin (DOGE) price. According to recent data from CoinStats, the meme coin has taken a significant hit today, falling by 3.57%. The hourly chart is showing a false breakout above $0.1642, indicating a possible test of support at $0.1639.
In the bigger picture, DOGE’s rate is breaking below the support of $0.1667, raising concerns about an ongoing decline to the $0.16 zone. At the time of writing, DOGE is trading at $0.1636.
Based on this analysis, it seems that the price may not have ended its downward trend yet. Traders should be cautious and monitor the situation closely before making any investment decisions.
Source: u.today
