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 Cover image via <a href="https://u.today/">U.Today</a>
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<a href="https://u.today/xrp-price-analysis-for-november-3">Bulls</a> have turned out to be more powerful than bears on the first day of the weekend.
<img data-entity-type="file" data-entity-uuid="14b1b742-4d8b-4cde-94be-8a92f8057551" src="https://u.today/sites/default/files/inline-images/top10_755.png">DOGE chart by&nbsp;<a href="https://coinstats.app/coins/">CoinStats</a>
<h2 class="text-align-justify" id="doge-usd">DOGE/USD</h2>
The rate of DOGE has increased by 1.08% over the past 24 hours.
<img data-entity-type="file" data-entity-uuid="1d69ce9e-7b6d-4e2a-8bd7-8b1b7da64060" src="https://u.today/sites/default/files/inline-images/doge1_65.png">Image by&nbsp;<a href="https://www.tradingview.com/sybols/DOGEUSD">TradingView</a>
Despite today's rise, the rate of DOGE is looking bearish on the hourly chart. The price is trying to fix below the local support level of $0.06812. If that happens, the fall may continue to the $0.067 zone tomorrow.
<img data-entity-type="file" data-entity-uuid="58bf8dc2-06de-4910-aad8-f61556a89c6a" src="https://u.today/sites/default/files/inline-images/doge2_62.png">Image by&nbsp;<a href="https://www.tradingview.com/sybols/DOGEUSD">TradingView</a>
On the daily chart, the price is in the middle of the wide channel, which means that neither bulls nor bears are ready for a sharp move.
In this case, ongoing consolidation in the area of $0.067-$0.07 is the more likely scenario for next week.
<img data-entity-type="file" data-entity-uuid="d8bc0878-a9e0-406e-a40a-2f62fa72d9f8" src="https://u.today/sites/default/files/inline-images/doge3_59.png">Image by&nbsp;<a href="https://www.tradingview.com/sybols/DOGEUSD">TradingView</a>
A similar picture is on the weekly time frame. The rate remains above the level of $0.06546. If the bar closes above that mark, buyers have a chance for a further upward move to the $0.07 zone.
DOGE is trading at $0.068 at press time.

DOGE Price Analysis for November 4

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