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DOGE Price Prediction for December 16
The meme coin is far from the support and resistance levels. A further rise may be possible only if bulls restore the rate to the $0.4230 mark.
Before it happens, sideways trading in the range of $0.3950-$0.4150 is the more likely scenario.
From a midterm perspective, neither side is dominating. This statement is also confirmed by the falling volume. As a result, traders are unlikely to expect any sharp moves by the end of the week.
DOGE is currently trading at $0.4061 as of press time.
In conclusion, it appears that DOGE will likely continue to experience sideways trading in the range of $0.3950-$0.4150 before potentially moving towards the aforementioned resistance level if bulls take control once again.
It’s worth noting that this prediction is based on current market data and should not be taken as investment advice.
Source: u.today
