DOGE Price Prediction form March 1
DOGE/USD
DOGE experienced a 3.63% decline today, marking it as one of the day's biggest losers. However, despite this dip, the hourly chart suggests a bullish outlook for DOGE's price.
If the daily candle closes above the $0.1236 level, we may see further upward movement towards the $0.13 zone tomorrow.
On a larger time frame, attention should be given to the closure of bars around the $0.1233 level. A close above this mark, without a long wick, could signal a potential move towards the $0.1350-$0.140 area in the near future.
Bulls maintain dominance over bears on the weekly chart, with no reversal signals present at the moment. If bears fail to gain control soon, there's a possibility of DOGE testing the $0.15 mark by the end of this month.
At the time of writing, DOGE is trading at $0.1261.