The new year has started with ongoing bear pressure, according to CoinMarketCap.
Top coins by CoinMarketCap## DOGE/USD
The rate of DOGE has dropped by 1.04% over the last 24 hours.
Image by TradingViewOn the hourly chart, the price of DOGE might have found a local support level at $0.3119. If bulls' pressure continues, one can expect a test of the resistance by tomorrow.
Image by TradingViewOn the bigger time frame, neither side has seized the initiative yet. The rate of the meme coin is far from the main levels. Such a statement is also confirmed by the falling volume.
In this case, sharp ups or downs are unlikely to happen.
Image by TradingViewFrom the midterm point of view, the situation is quite similar. The price of DOGE has not accumulated enough energy for growth or a fall.
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DOGE Price Prediction for January 1
The new year has started with ongoing bear pressure, according to CoinMarketCap.
The rate of DOGE has dropped by 1.04% over the last 24 hours.
In this case, sharp ups or downs are unlikely to happen.
DOGE is trading at $0.3175 at press time.