Can the price of DOGE blast after being in an accumulation period for a few days? Dogecoin dogecoin jasdoge DogecoinMemes RacerDoge crypto cryptocurrency doge
DOGE is one of the coins falling the most, declining by 1.40% over the last 24 hours.
Despite the decline, the price is trading near the resistance level on the hourly chart. If the rate can remain near theOn the daily time frame, ongoing sideways trading is the more likely scenario for the upcoming day as neither bulls nor bears have seized the initiative yet. All in all, one can expect DOGE to locate in a wide range between $0.08 and $0.09 shortly.
From the midterm point of view, the situation is similar as the price is stuck in the middle of a wide channel. Further growth can be possible only if the rate gets back to the $0.09 zone and fixes above it. However, there are low chances to see that soon, based on the declining volume.
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