DOGE Price Analysis for November 30 – U.Today


DOGE Price Analysis for November 30 – U.Today


Buyers are more powerful than sellers at the end of the week, according to CoinStats.

Top coins by CoinStats

DOGE/USD

The price of DOGE has increased by 0.85% over the last 24 hours.

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On the hourly chart, the rate of DOGE might have set a local resistance of $0.1505. If the daily bar closes far from that level, bears may seize the initiative, which may lead to a drop to the support shortly.

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On the bigger time frame, the price of the meme coin is in the middle of the wide channel between the support of $0.1332 and the $0.1648 resistance.

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As neither side is dominating, there are low chances to see sharp moves over the next few days.

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Image by TradingView

From the midterm point of view, there are no reversal signals so far. If bulls lose the interim level of $0.14, the accumulated energy might be enough for a more profound drop to the $0.10-$0.12 range.

DOGE is trading at $0.1495 at press time.



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