<figure>
 <figcaption>
 Cover image via <a href="https://u.today/" rel="noopener noreferrer nofollow">U.Today</a>
 </figcaption>
</figure>
A correction has started on the cryptocurrency market, according to <a href="https://u.today/bitcoin-btc-price-prediction-for-february-20" rel="noopener noreferrer nofollow">CoinMarketCap</a>. <img data-entity-type="file" data-entity-uuid="bddd4900-fe59-42c8-96c6-330409a4df61" src="https://u.today/sites/default/files/inline-images/top10_950.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 declined by almost 5% over the last 24 hours. <img data-entity-type="file" data-entity-uuid="83ec43ff-fe74-42b1-8c32-495a3e3b690c" src="https://u.today/sites/default/files/inline-images/doge1_84.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 is in the middle of the local channel, between the support of $0.08234 and the resistance of $0.08470. As most of the daily ATR has been passed, there are low chances to see any sharp moves today. <img data-entity-type="file" data-entity-uuid="544a7347-d5ee-4db0-bc4c-a147b7f68be8" src="https://u.today/sites/default/files/inline-images/doge2_79.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/DOGEUSDT" rel="noopener noreferrer nofollow">TradingView</a>
On the bigger time frame, the situation is more bearish. At the moment, one should pay attention to the candle's closure in terms of yesterday's bar's low. If it happens near it or even below, the correction may continue to the <a href="https://u.today/sol-and-doge-price-prediction-for-february-19" rel="noopener noreferrer nofollow">$0.080 area.</a> <img data-entity-type="file" data-entity-uuid="1f314d1e-ec19-4b18-b8f9-0f5607a66091" src="https://u.today/sites/default/files/inline-images/doge3_77.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/DOGEUSDT" rel="noopener noreferrer nofollow">TradingView</a>
On the weekly chart, the rate of DOGE has made a false breakout of the resistance of $0.09058. If the bar closes around the current prices, there is a chance to see a test of the $0.078-$0.080 zone by the end of the month.
DOGE is trading at $0.08316 at press time.

DOGE Price Prediction for February 21

Table of Contents

U_Today

Άλλα άρθρα που δημοσιεύτηκαν στις 21 Φεβ 2024

No Plan to Sell Bitcoin Said MicroStrategy CEO- Bloomberg

Top Crypto Gainers Today Feb 21 – Siacoin, Chiliz, Monero, Helium

Mastercard Collaborates with Swoo Pay to Offer Crypto Loyalty Rewards

How Japanese GameFi Sector Plans to Capture a $44 Billion Gaming Market

“Bitcoin Spot ETFs Were a Mistake,” Says Famous CEO, Explains Why

DOJ seeks order to shield info in CZ Binance case

Join our free newsletter for daily crypto updates!