DOGE Price Prediction for June 15: Market Continues Sideways
The cryptocurrency market is experiencing a period of indecision at the beginning of the weekend, reports CoinMarketCap. Currently, DOGE price has experienced a 4% decline over the last 24 hours.
Short-Term Analysis: Local Resistance and Potential Breakout
On the hourly chart, DOGE is currently trading near the local resistance level of $0.1371. Should it manage to break out from this level, there is potential for further upward movement towards the $0.14 zone by tomorrow.
Longer-Term Outlook: Key Levels to Watch
From a bigger time frame perspective, neither bulls nor bears are currently in control. Key attention should be focused on the $0.13 zone – a critical level. Should this level be breached, we could see a correction leading to a test of the $0.1225 support level.
Midterm Projection: Sellers Remain Dominant
In the midterm, sellers appear stronger than buyers. If the weekly bar closes near the current price levels, traders might witness a test of the $0.12 zone in the coming days.
As of press time, DOGE is trading at $0.1367.
For further updates on cryptocurrency trading and market trends, stay tuned to our next forecasts.
For more detailed insights, visit CoinMarketCap.
