Can the price of DOGE bounce back soon? Dogecoin dogecoin jasdoge DogecoinMemes RacerDoge crypto cryptocurrency doge
On the hourly chart, the price of DOGE might have found the local support level at $0.06253. However, there are low chances to see any sharp moves until the end of the day as most of the ATR has been passed. In this case, sideways trading in the range ofOn the bigger chart, the rate of DOGE has made a false breakout of yesterday's low at $0.06393, which serves the support level now. If the candle closes above it, traders can expect local growth to the $0.070 area.
From the midterm point of view, the candle is about to close below the support at $0.06581. If that occurs, the breakout may lead to a further drop to the $0.05588 mark by the end of the month.
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