Doge Price Prediction: Today’s Dogecoin Price, 13th March 2023

Dogecoin was last changing hands around $0.074, down about 1.0% on the session after finding support in the $0.072s at the weekend lows.

The news that Dogecoin whales have moved significant amounts of tokens off of Binance and into self-custody has not boosted confidence in the Dogecoin market.

On Tuesday, 67,455,315 DOGE were transferred from the world’s largest exchange to an unknown wallet, according to the blockchain monitoring Twitter account Whale Alert.

Bulls in Dogecoin will be hoping that the cryptocurrency can find support to the north of the $0.072 support area, as a break below it could open the door to a new drop back towards Dogecoin’s late 2022 lows in the $0.066 area.

Indeed, Dogecoin’s recent decisive break below its 200-Day Moving Average (at $0.0786) and support in the form of late February lows in the $0.0782 area bode poorly for the cryptocurrency’s near-term outlook.

Without a significant improvement in broader crypto market sentiment, a break back to the north of resistance in the upper $0.07s will be difficult.

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