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 $0.0866844 USD
| DATE | Dogecoin | USD |
|---|---|---|
| Today | 1 | $0.0866844 |
Doge Price Prediction:
Due to early bulls taking advantage of the last-minute selloff into the $0.06 range on December 30, 2022, Dogecoin’s price is up 10% since the year’s beginning.
The bears’ profits taken at each new high in the recent rally are undeniable proof of dissatisfaction. On January 10 and 11, the bears made an attempt to buck the trend, and there is reason to think they would try again soon.
Currently, one dogecoin is worth $0.077. The Relative Strength Index (RSI), a tool used to evaluate the strength of a market move in relation to speed and rebound zones, clearly shows the resistance of the upswing.
According to the RSI, during the selloff on December 30, the DOGE price crossed into seriously oversold territory, which is only possible when bears are in control of the trend.
Additionally, the famous meme coin token hasn’t yet surpassed overbought regions, which suggests that the trend has changed.
In contrast to the beginning of a fresh impulsive rally, DOGE’s continuous price oscillations below the 65 level on the RSI more closely reflect a countertrend spike.
The DOGE is currently trading at the 50% level, according to a Fibonacci retracement algorithm that considers the past trading range throughout the fall.
There is a good chance that prices will increase to the 61.8% retracement level at $0.081, increasing Dogecoin’s market value by 5%.
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