A new week has begun with the bounce back of the market, according to CoinMarketCap.
DOGE/USD
DOGE is one of the biggest gainers today, rising by 7.6%.
On the hourly chart, the rate of DOGE has fixed above the local resistance of $0.2350. If bulls can hold the gained initiative and the bar closes around that mark or above, growth is likely to continue to the $0.24 zone.
On the longer time frame, the price of the meme coin is going up after yesterday’s bullish closure.
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If the situation does not change by the end of the day, one can expect a test of the resistance shortly.
From the midterm point of view, buyers are also more powerful than sellers. However, one should focus on the candle’s closure in terms of the $0.2485 level. If it breaks out, growth is likely to continue to the $0.26-$0.28 range.
DOGE is trading at $0.2388 at press time.
Source: https://u.today/doge-price-prediction-for-september-8