DOGE Price Prediction for May 31
The post DOGE Price Prediction for May 31 appeared on BitcoinEthereumNews.com. Bears have seized the initiative at the beginning of the weekend, according to CoinStats. DOGE chart by CoinStats DOGE/USD The rate of DOGE has gone down by 5.75% since yesterday. Image by TradingView Despite today’s fall, the price of DOGE has almost tested the local resistance of $0.1945. If buyers’ pressure continues, there is a chance of a level breakout, followed by a move to the $0.20 range. Image by TradingView On the bigger time frame, traders should pay attention to yesterday’s candle low. You Might Also Like If a false breakout happens and the bar closes far from it, one may witness a bounce back to the $0.20-$0.21 area shortly. Image by TradingView From the midterm point of view, there are no reversal signals so far. If the weekly bar fixes below the $0.20 zone, the correction is likely to continue to the $0.16 mark. DOGE is trading at $0.1912 at press time. Source: https://u.today/doge-price-prediction-for-may-31
The post DOGE Price Prediction for May 31 appeared on BitcoinEthereumNews.com.
Bears have seized the initiative at the beginning of the weekend, according to CoinStats. DOGE chart by CoinStats DOGE/USD The rate of DOGE has gone down by 5.75% since yesterday. Image by TradingView Despite today’s fall, the price of DOGE has almost tested the local resistance of $0.1945. If buyers’ pressure continues, there is a chance of a level breakout, followed by a move to the $0.20 range. Image by TradingView On the bigger time frame, traders should pay attention to yesterday’s candle low. You Might Also Like If a false breakout happens and the bar closes far from it, one may witness a bounce back to the $0.20-$0.21 area shortly. Image by TradingView From the midterm point of view, there are no reversal signals so far. If the weekly bar fixes below the $0.20 zone, the correction is likely to continue to the $0.16 mark. DOGE is trading at $0.1912 at press time. Source: https://u.today/doge-price-prediction-for-may-31
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