Doge Price Prediction:

Dogecoin’s price is notable for its erratic spikes and swift trend shifts. On January 4, DOGE displays small market behaviour changes that suggest a potential development.

Despite the inherent danger of the trade plan, the bulls might hit their $0.090 20% gain target.

Dogecoin’s price right now is $0.072. The well-known meme coin experienced its greatest monthly decrease since 2022 in December, dropping 33%.

The falling parallel channel, which persistently rejected attempts at a bullish countertrend on December 5, 13, and Christmas, backed the southern movement.

The bulls ultimately overcame the difficult hurdle on January 1 and have since gained 4%. As of this writing, the bulls have successfully retaken the 8-day exponential moving average.

The next barrier is the $0.074 21-day simple moving average. A 4-hour candle stick closing above the aforementioned indicator could trigger an upward rush to achieve liquidity in the $0.090 area. The target zone is the area where the December mudslide halted at a 33% rate.

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