Oh, dear readers, the buyers, those whimsical souls, have been setting the rates of the coins to new local peaks, according to CoinMarketCap. What a spectacle! 🎉
DOGE/USD
The price of DOGE, that lovable scamp, has increased by 1.27% over the last 24 hours. Imagine, a whole 1.27%! The world must be spinning on its axis! 🌍
On the hourly chart, the rate of DOGE might have set a local resistance of $0.1719. As most of the daily ATR has been passed, there are low chances of seeing sharp moves by tomorrow. But who knows? The market is as unpredictable as a dog chasing its own tail! 🐾
However, if the candle closes near the upper level, one can expect a test of the $0.1750 area soon. It’s like a dog eyeing a juicy bone, just waiting for the right moment to pounce! 🦴
On the longer time frame, the price of the meme coin is on its way to the resistance of $0.1761. If its breakout happens and the bar closes above it and with no long wick, the accumulated energy might be enough for a blast to the $0.1850-$0.19 range by the end of the week. It’s like a fireworks display, but with numbers! 🎇
From the midterm point of view, none of the sides is dominating, as the price of DOGE is far from key levels. In this case, ongoing sideways trading in the narrow area of $0.1650-$0.1850 is the most likely scenario. It’s as if DOGE is taking a leisurely stroll in the park, neither sprinting nor sitting still. 🐾🚶♂️
DOGE is trading at $0.1709 at press time. Will it wag its tail higher, or will it sit and wait? Only time will tell, dear readers. Only time will tell. 🕰️
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2025-07-08 17:22