Crytocurrency

Prediction of the Doge price: the price of Dogecoin today, January 18, 2023

Doge price prediction: Here is the most up-to-date Doge price prediction and the price of Doge in USD.

Today’s Doge price:

The price of Doge right now is $0.0839993 USD.

DATE sToday 1 $0.0839993 sAdvertisement Dogecoin USD

Dogecoin Price Prediction: The price of Dogecoin has gone up by 10% since the beginning of the year because early bulls made money from a last-minute selloff into the $0.06 level on December 30, 2022.

The bears’ profits at the current rally’s new highs are clear signs that they don’t like it. On January 10 and 11, the bears tried to go against the trend, and there are signs that they will try to do so again soon.

One dogecoin is worth $0.077 right now. On the Relative Intensity Index (RSI), a number used to measure the strength of a market move in terms of speed and rebound zones, the upswing’s resistance is very clear.

During the selloff on December 30, the DOGE price went into an area where it was very oversold. The RSI says that this can only happen when bears are in charge of the trend.

The fact that the popular meme coin token hasn’t yet done better than overbought zones shows that the trend has changed.

Related: Prediction of the price of Dogecoin for today, January 17, 2023:

A countertrend spike is more likely to be marked by DOGE’s price fluctuating below the 65 level on the RSI rather than the start of a new impulsive surge.

The DOGE is trading at the 50% level, according to a Fibonacci retracement algorithm that looks at the trading range during the fall.

Prices are expected to go up to $0.081, which is the 61.8% retracement level. This will raise the market value of Dogecoin by 5%.

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