DOGE Price Analysis for August 27
The rate of DOGE is expected to consolidate between $0.063-$0.0635 in the short term before a potential breakout, while bears may lead to a further decline if the support level is broken.
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Posted 8/27/2023, 11:38:06 AM
u.today
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Dogecoin's price in the next crypto bull market could reach $0.10 or even $0.20 based on factors such as increased adoption by businesses and the development of new projects, according to predictions from Google Bard; however, other predictions suggest a price range of $0.07 to $0.25 by the end of 2023 and 2025.
Bitcoin faced resistance at the 20-day EMA, indicating that bears are guarding this level, but the failure of bears to challenge the $24,800 support suggests selling pressure may be weakening, with a potential recovery towards $28,143 if the 20-day EMA is surpassed; meanwhile, Ethereum is at risk of a breakdown below $1,626, Cardano shows indecision between bulls and bears, and Dogecoin remains range-bound between the 20-day EMA and $0.06.