Today, DOGE has shown solid growth, increasing by nearly 5%. This article presents current data and predictions for this cryptocurrency.
Current Market Situation of DOGE
DOGE is currently demonstrating significant growth, increasing by 5%. The hourly chart shows a bullish trend; if the daily candle closes above resistance, this may indicate a continued rise towards the $0.19 zone and above.
Future Prospects and Targets
On a longer time frame, the price of DOGE shows growth following yesterday's bullish closure. A resistance test is likely within the next few days.
Chart Analysis and Conclusion
From a mid-term perspective, it is essential to watch the weekly candle closure. If it occurs with a long wick, bulls may locally seize the initiative, leading to an increase to the $0.20 mark. Currently, DOGE is trading at $0.1879.
In conclusion, DOGE displays positive trends in the market. The next critical level to monitor is the closing of the weekly candle.