$DOGE Short-Term Price Prediction:

In the short term, Dogecoin is predicted to remain in a range-bound state. It’s expected to fluctuate between $0.097 and $0.114, with potential drops if it fails to hold key support. The coin may experience short-term rallies if it breaks the $0.106 resistance, but risks are still present.

Bullish Scenario:

If Dogecoin can maintain its current support levels and break through its immediate resistance, it could see a 50% surge, potentially reaching $0.15. Further accumulation and positive sentiment among larger investors reinforce this bullish outlook.

Bearish Scenario:

If Dogecoin fails to hold the $0.097 support level, it could experience a drop to as low as $0.08. The market remains fragile, and any break below critical levels could lead to further decline.

Conclusion:

Dogecoin is at a critical juncture. While the technicals and on-chain data show potential for a bullish breakout, the market remains cautious, with bearish risks still present. A decisive move above resistance or below support in the coming weeks will likely determine the next major trend for DOGE.#BTCUptober

Bearish
67%
Bullish
33%
24 votes • Voting closed