DOGE Technical Analysis
As of writing, Dogecoin holds the 8th position in CoinMarketCap's rankings, with a market cap of $10,906,062,089. Users can get DOGE for fiat or crypto on SimpleSwap.
Since November, the price of Dogecoin has fluctuated between $0.06640 and $0.09987, with occasional small dips.
Starting from the beginning of 2023, the coin has seen an increase from $0.06301 to $0.10476, a rise of over 66%, followed by a subsequent dip in value and transition to a consolidation phase. The coin has a strong support level at $0.05299.
Following a prolonged accumulation phase, during which false dips from the price range may occur, with a subsequent return, a gradual upward trend towards a price level of $0.15897 can be expected.
The next target after surpassing $0.15897 would be a level of $0.28930.
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