Most cryptocurrencies are showing positive dynamics on the last day of the week. DOGE price increased by 0.56% over the last 24 hours.

DOGE Price Growth on Hourly Chart

On the hourly chart, DOGE is aiming to break the local resistance at $0.11. If the breakout occurs, the growth may continue to the $0.1110 zone by tomorrow.

DOGE Analysis on Longer Time Frames

On longer time frames, the picture is bullish as the price heads towards the $0.1105 level. If buyers' pressure continues, the accumulated energy may lead to a breakout, followed by an increase to the $0.1140 range next week.

Midterm Forecast for DOGE

From a midterm perspective, bulls have failed to maintain the rise after the previous bullish bar. However, if the current candle closes far from its low, there is a chance of a local bounce back to the $0.12 area.

DOGE continues to trade in the positive zone. Currently, DOGE is trading at $0.1096. Current trends indicate the possibility of further growth in the near term.