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 Cover image via <a href="https://u.today/" rel="noopener noreferrer nofollow">U.Today</a>
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The bounce back has not lasted long, according to <a href="https://u.today/ada-and-bnb-price-prediction-for-june-3" rel="noopener noreferrer nofollow">CoinMarketCap</a>. <img data-entity-type="file" data-entity-uuid="e72aee43-8f00-488e-96a5-19b187292d30" src="https://u.today/sites/default/files/inline-images/top10_1157.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 fallen by 2.13% over the last day. <img data-entity-type="file" data-entity-uuid="a3b07c5e-a981-4b91-8d15-970542bd183b" src="https://u.today/sites/default/files/inline-images/doge1_115.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/DOGEUSDT" rel="noopener noreferrer nofollow">TradingView</a>
On the hourly chart, the price of DOGE might have found a local support level of $0.1573.
If the upward move continues until the end of the day, there is a chance to see a test of the the $0.16 zone tomorrow. <img data-entity-type="file" data-entity-uuid="5a19ec4d-8988-4a23-8b24-22059dc25827" src="https://u.today/sites/default/files/inline-images/doge2_108.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/DOGEUSDT" rel="noopener noreferrer nofollow">TradingView</a>
On the bigger time frame, one should pay attention to the nearest level of $0.1550. If sellers' pressure continues, the accumulated energy might be enough for a breakout, followed by a drop to the $0.15 range. <img data-entity-type="file" data-entity-uuid="d476e97a-cf41-4126-b48f-108d2aea1d97" src="https://u.today/sites/default/files/inline-images/doge3_108.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/DOGEUSDT" rel="noopener noreferrer nofollow">TradingView</a>
From the midterm point of view, the interim area of $0.16 plays an important role in terms of further price moves. If buyers lose it, there is a possibility of a test of $0.14 by mid-June.
DOGE is trading at $0.1582 at press time.

DOGE Price Prediction for June 4

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