Doge Price Prediction: Today’s Dogecoin Price, 3rd Apr 2023

Doge price prediction – Here’s the latest Doge price  prediction and Doge TO USD converted price you can find here

Doge Today’s price

Doge price today is $0.0796173 USD

Doge Price Prediction:

DOGE, the largest meme currency, is remarkably stable on Thursday, despite a failed effort to flip resistance at $0.0771 on Wednesday. Dogecoin’s price is down 1.3% on the day, with $371 million in trading activity in the last 24 hours.

If bulls maintain support at $0.07, Dogecoin price will be able to push for a bullish narrative advance of the weekend.

The leading meme currency is currently trading at $0.0747, despite the fact that the daily timeframe chart shows an ongoing consolidation between its immediate support at $0.07 and the pivotal resistance at $0.08.

However, Dogecoin’s immediate upside has been limited by two important levels since the second week of March: the 50-day Exponential Moving Average (EMA) (line in red) at $0.0771 and the descending trendline.

Dogecoin’s price has been stuck in a range between $0.07 and $0.08 due to a stalemate between buyers and sellers.

A daily close above the falling trendline and 50-day EMA could lead to gains above $0.08, which would encourage traders to activate their long positions towards $0.10.

The MACD indicator shows a slightly bullish outlook, but traders should wait for the MACD line to be above the signal line before activating their buy orders.

Failure to flip the 50-day EMA and descending trendline resistance could dim bullish expectations, with support expected at $0.07.

If sellers attempt to push the price lower, buyers waiting to take cheaper positions could fuel a significant trend reversal towards $0.10. Dogecoin may seek support at $0.06 if necessary, which has been a crucial area in stopping previous downtrends.

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