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 Cover image via <a href="https://u.today/" rel="noopener noreferrer nofollow">U.Today</a> 
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Buyers are slightly dominating over <a href="https://u.today/ethereum-eth-price-analysis-for-august-26" rel="noopener noreferrer nofollow">bears</a>&nbsp;on the last day of the week. 
<img alt="Top 10 coins by CoinMarketCap" data-entity-type="file" data-entity-uuid="af091c04-0efe-4105-8303-8a75f11a55c6" src="https://u.today/sites/default/files/inline-images/top10_618.png"> 
Top coins by&nbsp;<a href="https://coinmarketcap.com/" rel="noopener noreferrer nofollow">CoinMarketCap</a> 
<h2 id="doge-usd">DOGE/USD</h2> 
The rate of DOGE has increased by 0.69%. Over the last week, the price has fallen by 1.55%. 
<img alt="DOGE/USD chart by Trading View" data-entity-type="file" data-entity-uuid="54ce4a2a-1825-47e6-bfdd-e0e9669b0fa7" src="https://u.today/sites/default/files/inline-images/doge1_52.png"> 
Image by <a href="https://www.tradingview.com/symbols/DOGEUSD" rel="noopener noreferrer nofollow">TradingView</a> 
Despite the slight rise, the rate of DOGE is in the middle of the local channel, getting energy for a further move. However, that is unlikely to happen today as the meme coin has passed most of its daily ATR. 
In this regard, consolidation in the range of $0.063-$0.0635 is the more likely scenario until tomorrow. 
<img alt="DOGE/USD chart by Trading View" data-entity-type="file" data-entity-uuid="26e4c9a9-5209-4f76-bdca-c7d2270afc7f" src="https://u.today/sites/default/files/inline-images/doge2_49.png"> 
Image by <a href="https://www.tradingview.com/symbols/DOGEUSD" rel="noopener noreferrer nofollow">TradingView</a> 
A similar situation is on the daily time frame. The situation has almost not changed over the last few days, which means that neither side has enough strength yet. If buyers want to be back in the game, they need to fix the price above the $0.064 zone. Only in that case is there a possibility of a resistance breakout. 
<img alt="DOGE/USD chart by Trading View" data-entity-type="file" data-entity-uuid="bfe61224-85f2-4695-8ef9-12f000e50f43" src="https://u.today/sites/default/files/inline-images/doge3_47.png"> 
Image by <a href="https://www.tradingview.com/symbols/DOGEUSD" rel="noopener noreferrer nofollow">TradingView</a> 
However, bears are more powerful than bulls on the weekly chart as the rate keeps trading near the support level. If the bar closes near the $0.06 area, the breakout may lead to a blast to the $0.055 range. 
DOGE is trading at $0.06319 at press time.

DOGE Price Analysis for August 27

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