#DOGE Price prediction for April 12th.

DOGE/USD.

DOGE rate decreased by 0.16% in the last 24 hours.

On the hourly chart, DOGE price is trading below the local support level of $0.1926. If the situation does not change by the end of the day, the decline is likely to continue tomorrow to the $0.1850 zone.

Even on the daily time horizon the picture is more bearish than bullish. If the bar closes below $0.19, traders could expect a continued correction to the $0.17-$0.18 area in the coming days.

From a medium-term perspective, the DOGE rate is located in the middle of the channel, between the support of $0.17 and the resistance of $0.2288.

Since neither side has taken the initiative yet, the most likely scenario for next week is an ongoing sideways trade around $0.19.

DOGE is trading at $0.1923 as of this writing.