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 Cover image via <a href="https://u.today/" rel="noopener noreferrer nofollow">U.Today</a>
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It is too early to talk about a bounce back, according to <a href="https://u.today/xrp-prediction-for-august-31" rel="noopener noreferrer nofollow">CoinStats</a>. <img data-entity-type="file" data-entity-uuid="887c794e-0335-4d97-a040-cc11ac7e3af0" src="https://u.today/sites/default/files/inline-images/top10_1330.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 dropped by 2.28% over the last 24 hours. <img data-entity-type="file" data-entity-uuid="2922e0bb-c7a7-4a42-b812-f1851af8f597" src="https://u.today/sites/default/files/inline-images/doge1_135.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/DOGEUSDT" rel="noopener noreferrer nofollow">TradingView</a>
On the hourly chart, the rate of DOGE is bearish as it is about to test the support of $0.09861. If buyers fail to seize the initiative by the end of the day, the breakout may lead to a more profound correction to the $0.098 range. <img data-entity-type="file" data-entity-uuid="3e3de6f9-e483-4307-a6ed-cc37f58666e7" src="https://u.today/sites/default/files/inline-images/doge2_129.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/DOGEUSDT" rel="noopener noreferrer nofollow">TradingView</a>
The price of DOGE keeps falling after a false breakout of the resistance of $0.1025. If today's candle closes near its low, the decline may continue to the $0.096 area. <img data-entity-type="file" data-entity-uuid="5c6d61c4-ec83-406a-8d92-5fcac09e5577" src="https://u.today/sites/default/files/inline-images/doge3_129.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/DOGEUSDT" rel="noopener noreferrer nofollow">TradingView</a>
The situation is similar on the weekly time frame.
If the current bar closes below the previous one, the correction may lead to a test of the support level of $0.09136 next week.
DOGE is trading at $0.09871 at press time.

DOGE Prediction for September 1

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