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Based on the latest market trends and technical analysis, I’m happy to provide a comprehensive price prediction for Dogecoin (DOGE). As of today’s date, June 21st, DOGE has been experiencing a downward trend, falling by 3.57% to $0.1636.
On the hourly chart, there’s a possibility that DOGE will test the support at $0.1639 if the daily bar closes far from this mark tomorrow. This would be considered a bearish signal, potentially leading to an ongoing decline to the $0.16 zone. In addition, the midterm perspective suggests that the rate of DOGE is breaking the support of $0.1667.
If bears can maintain their initiative in the upcoming week, there are high chances of an ongoing drop for the meme coin.
Source: u.today
