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Most coins are facing a bounce back on the market, according to <a href="https://u.today/bitcoin-btc-price-prediction-for-may-2" rel="noopener noreferrer nofollow">CoinMarketCap</a>. <img data-entity-type="file" data-entity-uuid="3ec1eccc-670a-484b-8a51-de83670c6e8e" src="https://u.today/sites/default/files/inline-images/top10_1091.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>
DOGE is one of the biggest gainers today, going up by 4.14%. <img data-entity-type="file" data-entity-uuid="22265fa0-c9e1-4c05-9f16-94e4460cb2ea" src="https://u.today/sites/default/files/inline-images/doge1_104.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/DOGEUSDT" rel="noopener noreferrer nofollow">TradingView</a>
Despite today's rise, the price of DOGE is coming back to the local support level of $0.1312. If the situation does not change by the end of the day, there is a chance to see a breakout, followed by a move to the $0.13 area. <img data-entity-type="file" data-entity-uuid="cc4430ff-d098-4cdf-bdc0-b525ce3fa54d" src="https://u.today/sites/default/files/inline-images/doge2_98.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/DOGEUSDT" rel="noopener noreferrer nofollow">TradingView</a>
On the bigger time frame, the rate of the meme coin has made a false breakout of yesterday's peak of $0.1344.&nbsp;
If the bar closes far from it, the correction may continue to the $0.1250 zone until the end of the week. <img data-entity-type="file" data-entity-uuid="d2629c7a-e6a6-481f-8dfc-3334d6934925" src="https://u.today/sites/default/files/inline-images/doge3_96.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/DOGEUSDT" rel="noopener noreferrer nofollow">TradingView</a>
From the midterm point of view, one should focus on the weekly bar closure in terms of the level of $0.1225. If it happens near it, the accumulated energy might be enough for a further drop to $0.11.
DOGE is trading at $0.1323 at press time.

DOGE Price Prediction for May 3

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