DOGE Price Prediction for December 29

Most of the cryptocurrencies are in the green zone at the end of the week, according to CoinStats.

DOGE/USD

The rate of DOGE has increased by 3.33% over the last day.

On the hourly chart, the price of the meme coin is closer to the resistance than to the support. If bulls’ pressure continues, there is a possibility of an upper level breakout, followed by further growth to the $0.3320-$0.3340 range.

On the bigger time frame, the rate of DOGE has not accumulated enough energy for a sharp move.

If buyers want to seize the initiative, they need to restore the price to at least the $0.34 mark.

From the midterm point of view, there are no reversal signals yet. However, if bulls lose the interim area of $0.30, the correction is likely to continue to the support of $0.2724 shortly.

DOGE is trading at $0.3262 at press time.

Source