The rate of DOGE has fallen by 2.13% over the last day.
Image by TradingViewOn the hourly chart, the price of DOGE might have found a local support level of $0.1573.
If the upward move continues until the end of the day, there is a chance to see a test of the the $0.16 zone tomorrow.
Image by TradingViewOn the bigger time frame, one should pay attention to the nearest level of $0.1550. If sellers’ pressure continues, the accumulated energy might be enough for a breakout, followed by a drop to the $0.15 range.
Image by TradingViewFrom the midterm point of view, the interim area of $0.16 plays an important role in terms of further price moves. If buyers lose it, there is a possibility of a test of $0.14 by mid-June.
With more than 5 years of trading, Denys has a deep knowledge of both technical and fundamental market analysis. Mainly, he has started his blog on TradingView where publishes all relevant information and makes predictions about top coins.
Thus, his experience is backed up by working in top blockchain related companies such as W12, Platinum Listing, ATB Coin, and others, can be contacted at denys.serhiichuk@u.today.
