Doge Price Prediction: Today’s Dogecoin Price, 17th March 2023

Regardless, with the recent recovery in the crypto market, the DOGE coin price is reapproaching the overhead trendline, indicating an impending battle between buyers and sellers for trend control.

Key Points:

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• The Dogecoin price will continue to fall until the resistance trendline is broken.
• The 20-day EMA and the overhead trendline provide additional resistance to buyers.
• The Dogecoin coin has a 24-hour trading volume of $644 billion, indicating a 160% gain.

The Cardano coin price rebounded from its local support of $0.064, thanks to a surge in buying pressure in the market. The bullish reversal has increased the coin’s price by 11% in the last three days, and it now trades at $0.07.

With continued buying, the DOGE price could rise another 2.5% and retest the overhead resistance trendline.

In any case, coin holders should keep an eye on this resistance because price behaviour near it may influence the Doge coins’ new future price.

In a more likely scenario, the sellers will re-establish the bearish momentum at this resistance, encouraging a prolonged decline. A potential bearish reversal could help sellers push the Doge price below the previous low of $0.064.

On the other hand, a bullish breakout from the overhead will be an early indication of a trend reversal. The post-breakout rally could hit targets of $0.78, $0.89, and $0.1.

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