DOGE Price Analysis for November 18
U.Today
18 Nov 2023 6:31 PM
When can traders expect end of DOGE's correction?...
- The price of DOGE has fallen by 1.57% over the past 24 hours.
- On the hourly chart, the local support level to watch is $0.08045. If the price doesn't go above it, a correction to the $0.078 zone is likely.
- On the bigger time frame, traders should focus on yesterday's low. If the price drops below it, the correction may continue to the next support area at $0.075.
- From a midterm perspective, DOGE has experienced a false breakout of the resistance level at $0.08380. If the bar closes far from it, there is a high chance of a further drop to the $0.070-$0.075 range by the end of the month.
- DOGE is currently trading at $0.08036.
The sentiment of the article is bearish, as it suggests a potential further drop in the price of DOGE.
You May Ask
What is the current price of DOGE?How much has the price of DOGE fallen in the past 24 hours?What support level should traders pay attention to on the hourly chart?What is the potential range for a further drop in the price of DOGE by the end of the month?What sentiment does the article convey about the future price of DOGE?