Prediction of the price of Dogecoin for today, January 17, 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 $0.086586 USD.
Today’s Dogecoin USD price is $0.086586.
Dogecoin Price Prediction: Since the beginning of the year, the price of Dogecoin has gone up 10%. This is because early bulls made money off of a last-minute drop in price : to $0.06 on December 30, 2022.
The fact that the bears made money from the current rally’s new highs is a clear sign of how unhappy they are. On January 10 and 11, the bears tried to go against the trend, and there’s a good chance they’ll do it again soon.
At the moment, one dogecoin is worth $0.077. The Relative Intensity Index (RSI), a number used to measure the strength of a market move in relation to its speed and its ability to bounce back, clearly shows the upswing’s resistance.
During the big drop on December 30, the DOGE price went into what the RSI calls “extremely oversold territory.” This can only happen when bears are in charge of the trend.
Related: The price of Dogecoin (DOGE) has gone up by more than 20% in just 24 hours.
Also, the popular meme coin hasn’t done better than overbought zones yet, which shows that the trend has changed.
The price of DOGE moving below the 65 level on the RSI is more likely to be a sign of a countertrend spike than the start of a new impulsive surge.
A Fibonacci retracement algorithm that looks at the trading range during the fall shows that the DOGE is trading at the 50% level right now.
Dogecoin’s market value should go up by 5% when prices reach the 61.8% retracement level of $0.081.