<figure> 
 <figcaption>
 Cover image via <a href="https://u.today/">U.Today</a>
 </figcaption> 
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Bears have turned out to be more powerful than bulls, according to <a href="https://u.today/sol-and-bnb-price-prediction-for-may-6">CoinMarketCap</a>.
<img data-entity-type="file" data-entity-uuid="a714771b-a881-405a-a659-70224bfb2b9b" src="https://u.today/sites/default/files/inline-images/top10_1100.png">Top coins by<a href="https://coinmarketcap.com/"> CoinMarketCap</a>
<h2 class="text-align-justify" id="doge-usd">DOGE/USD</h2>
The rate of DOGE has fallen by 2.50% over the last 24 hours.
<img data-entity-type="file" data-entity-uuid="405ae758-88c6-4c55-aed0-5bbe01da8556" src="https://u.today/sites/default/files/inline-images/doge1_106.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/DOGEUSDT">TradingView</a>
On the hourly chart, the price of DOGE is coming back to the local support level of $0.1532. If the situation does not change until the end of the day, there is a chance to see a breakout, followed by a move to the $0.15 area.
<img data-entity-type="file" data-entity-uuid="76206dd4-5c88-4d69-9797-641027694b8c" src="https://u.today/sites/default/files/inline-images/doge2_100.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/DOGEUSDT">TradingView</a>
On the bigger time frame, the picture is also bearish. Traders should pay attention to the level of $0.1539. If buyers lose it, the drop may lead to the test of the $0.14-$0.15 range shortly.
<img data-entity-type="file" data-entity-uuid="7ac42ab7-6dc9-4ea9-a438-b573716a9393" src="https://u.today/sites/default/files/inline-images/doge3_98.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/DOGEUSDT">TradingView</a>
From the midterm point of view, one should wait a few days as the situation is unclear at the beginning of the week.&nbsp;
However, if the drop continues to $0.15, there is a possibility to see a decline to $0.14.
DOGE is trading at $0.1560 at press time.

DOGE Price Prediction for May 7

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