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 Cover image via <a href="https://u.today/" rel="noopener noreferrer nofollow">U.Today</a>
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Buyers keep controlling the initiative on the last day of the week on the <a href="https://u.today/binance-coin-bnb-price-analysis-for-december-2" rel="noopener noreferrer nofollow">cryptocurrency market</a>. <img data-entity-type="file" data-entity-uuid="584ffdd0-7ca7-413f-8c46-2d266f980b57" src="https://u.today/sites/default/files/inline-images/doge1_74.png">Top coins by <a href="https://coinmarketcap.com/" rel="noopener noreferrer nofollow">CoinMarketCap</a>
<h2 class="text-align-justify" id="doge-usd">DOGE/USD</h2>
The rate of DOGE has increased by 1.22% since yesterday. Over the last week, the price has risen by 9.07%. <img data-entity-type="file" data-entity-uuid="b4f0ee52-b3b7-4b4f-8602-056b38e54026" src="https://u.today/sites/default/files/inline-images/doge1_75.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/DOGEUSD" rel="noopener noreferrer nofollow">TradingView</a>
Despite today's rise, the price of DOGE is looking bearish on the local chart as the rate is returning to the recently formed support at $0.08469. If a breakout happens, there is a high chance of a test of $0.084 soon. <img data-entity-type="file" data-entity-uuid="eae6f3c8-6880-49dd-af86-ae06bc27d1f9" src="https://u.today/sites/default/files/inline-images/doge2_71.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/DOGEUSD" rel="noopener noreferrer nofollow">TradingView</a>
On the daily time frame, the rate of DOGE has made a false breakout of yesterday's peak. If today's bar closes in the area of $0.084, bears may seize the initiative, which can lead to a drop to the <a href="https://u.today/doge-price-analysis-for-december-1" rel="noopener noreferrer nofollow">$0.080-$0.082</a> area next week. <img data-entity-type="file" data-entity-uuid="262836e5-05e6-464f-8aba-444f60b151ab" src="https://u.today/sites/default/files/inline-images/doge3_68.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/DOGEUSD" rel="noopener noreferrer nofollow">TradingView</a>
From the midterm point of view, one should focus on the weekly candle closure in terms of the level of $0.08380. If it happens above and with no long wicks, the upward move may continue to the $0.09 area until mid-December.
DOGE is trading at $0.08468 at press time.

DOGE Price Analysis for December 3

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