DOGE Price Prediction for August 31

Most coins from the top 10 list are rising today, according to CoinStats.

Top coins by CoinStats

DOGE/USD

The rate of DOGE has gone up by 0.48% since yesterday. Over the last week, the price has fallen by 5.58%.

Image by TradingView

On the hourly chart, the price of the meme coin is on the way to the local support of $0.2159.

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If bulls cannot seize the initiative by the end of the day, traders may see a level breakout followed by a further correction to the $0.2150 mark.

Image by TradingView

On the bigger time frame, the situation is similar. In this regard, traders should pay attention to the nearest level of $0.2074. If the daily candle closes below that mark, there is a chance of a test of the $0.20 range soon.

Image by TradingView

From the midterm point of view, the situation is less clear. The price of DOGE is in the middle of the channel between the support of $0.1884 and the resistance of $0.2867. As neither side is dominating, any sharp moves are unlikely to happen soon.

DOGE is trading at $0.2173 at press time.

Source: https://u.today/doge-price-prediction-for-august-31