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 Cover image via <a href="https://u.today/" rel="noopener noreferrer nofollow">U.Today</a>
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Bears are not giving up so easily, according to <a href="https://u.today/xrp-price-analysis-for-november-17" rel="noopener noreferrer nofollow">CoinStats</a>. <img data-entity-type="file" data-entity-uuid="57656768-4cc1-46f8-b4f6-4b9a8b018232" src="https://u.today/sites/default/files/inline-images/top10_781.png">DOGE chart by&nbsp;<a href="https://coinstats.app/coins/" rel="noopener noreferrer nofollow">CoinStats</a>
<h2 class="text-align-justify" id="doge-usd">DOGE/USD</h2>
The price of DOGE has fallen by 1.57% over the past 24 hours. <img data-entity-type="file" data-entity-uuid="65b70d20-728f-4aff-a137-e01651741b1b" src="https://u.today/sites/default/files/inline-images/doge1_69.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/DOGEUSD" rel="noopener noreferrer nofollow">TradingView</a>
On the hourly chart, one should pay attention to the local support level of $0.08045. If the price does not get above it, the correction is likely to continue to the $0.078 zone soon. <img data-entity-type="file" data-entity-uuid="25fa8286-f12a-4a68-9dfa-f77cfbd862f9" src="https://u.today/sites/default/files/inline-images/doge2_66.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/DOGEUSD" rel="noopener noreferrer nofollow">TradingView</a>
On the bigger time frame, traders should focus on the daily bar in terms of yesterday's low. If that happens, the correction may continue to the next support area at $0.075.
Such a scenario is relevant until the end of next week. <img data-entity-type="file" data-entity-uuid="03a7f9e7-5e76-474f-a260-712c40b92b2f" src="https://u.today/sites/default/files/inline-images/doge3_63.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/DOGEUSD" rel="noopener noreferrer nofollow">TradingView</a>
From the midterm point of view, the rate of DOGE has made a false breakout of the resistance level at $0.08380. If the bar closes far from it, there is a high chance of a further drop to the $0.070-$0.075 range by the end of the month.
DOGE is trading at $0.08036 at press time.

DOGE Price Analysis for November 18

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