DOGE Price Prediction for January 17
WikiBit 2025-01-18 01:52
Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and
Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.
The cryptocurrency market keeps going up, according to CoinMarketCap.
The rate of DOGE has risen by 8.04% over the last 24 hours.
On the hourly chart, the price of DOGE has made a false breakout of the local resistance of $0.4181. If the daily bar closes far from that mark, traders may seize the initiative, which may lead to a correction to the $0.40 area.
Image by TradingView
On the bigger time frame, one should pay attention to the candles closure in terms of the nearest level of $0.4230.
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If the candles closure happens around it or above, an upward move is likely to continue to the $0.43-$0.44 range shortly.
Image by TradingView
From the midterm point of view, the rate of DOGE is far from key levels. In this case, traders should focus on the weekly bar in terms of the previous candles peak. If it closes above $0.40, there is a chance to see a test of the resistance of $0.48 by the end of the month.
DOGE is trading at $0.4104 at press time.
Disclaimer: The opinions expressed by our writers are their
own and do not represent the views of U.Today. The financial and market information
provided on U.Today is intended for informational purposes only. U.Today is not
liable for any financial losses incurred while trading cryptocurrencies. Conduct
your own research by contacting financial experts before making any investment
decisions. We believe that all content is accurate as of the date of publication,
but certain offers mentioned may no longer be available.
Disclaimer：
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
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