Category: Crypto News, News
DOGE Price Prediction for February 23
Some coins remain in the green zone, while the prices of others are falling at the end of the week, according to CoinStats.
DOGE/USD
The rate of DOGE has risen by 0.33% since yesterday. Over the last week, the price has fallen by 10%.
Despite today’s slight rise, the price of DOGE is looking bearish on the hourly chart. If a breakout of the local support of $0.2435 happens, the drop is likely to continue to the $0.24 area by tomorrow.
On the bigger time frame, one should focus on the interim zone of $0.24. If the daily bar closes below that mark, traders may witness a test of the $0.22-$0.23 range soon.
From the midterm point of view, there are also no reversal signals yet.
If the weekly bar closes near the support of $0.22, the accumulated energy might be enough for a test of the vital zone of $0.20 by the end of the month.
DOGE is trading at $0.2437 at press time.
Written by : Editorial team of BIPNs
Main team of content of bipns.com. Any type of content should be approved by us.
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