DOGE Price Prediction for July 3

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U.Today
07-04

All of the top 10 coins are in the green zone today, according to CoinStats.

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DOGE chart by CoinStats

DOGE/USD

DOGE is one of the biggest gainers today, rocketing by 5.41% since yesterday.

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Image by TradingView

On the hourly chart, the price of DOGE is falling after setting a local resistance of $0.1751. If buyers cannot seize the initiative, one should expect a test of the $0.1674 level by tomorrow.

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Image by TradingView

On the longer time frame, the rate of the meme coin has made a false breakout of yesterday's bar's peak. 

If the closure happens far from that mark, there is a chance of witnessing a correction to the $0.1650 range.

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Image by TradingView

From the midterm point of view, none of the sides is dominating as the price is far from support and resistance levels. If the picture does not change, consolidation in the area of $0.1650-$0.1850 is the most likely scenario.

DOGE is trading at $0.1706 at press time.

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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