Dogecoin Price Prediction Today: Daily (DOGE) Value Forecast – July 2
- The price of Dogecoin fluctuates between the levels of $0.002500 and $0.003500.
- The EMAs also indicates that the Dogecoin is in choppy price action.
DOGE/USD Medium-term trend: Ranging
- Resistance Levels: $0.003600, $0.003800, $0.004000
- Support levels: $0.003200, $0.003000, $0.002800
Yesterday, July 1, the price of DOGE was retracing to the support of the 12-day EMA and the 26-day EMA. The moving averages are horizontally flat indicating that price is still in a sideways trend. The EMAs also indicates that the Dogecoin is in choppy price action. In a choppy price action, the support and resistance levels are not clearly defined. Also, the crypto is in a tight range as the resistance and support are not evenly apart.
The price of Dogecoin fluctuates between the levels of $0.002500 and $0.003500. The crypto’s price is yet to fluctuates between the upper and lower price range because of its tight range movement. Last week the bulls tested the upper price range and were resisted. Today, the price is fluctuating between the level horizontally. The MACD line and the signal line are above the zero line which indicates a buy signal.
DOGE/USD Short-term Trend: Ranging
On the 1-hour chart, the price of DOGE is in a sideways trend zone. The 12-day EMA and the 26-day EMA are sloping horizontally indicating a sideways trend. The Dogecoin has a choppy price action where the resistance and support are not evenly apart. Meanwhile, the MACD line and the signal line are above the zero line which indicates a buy signal.
Live Dodgecoin (DOGE) Price:
1 DOGE/USD =$0.0558 change ~ 8.52%
The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.