<figure> 
 <figcaption>
 Cover image via <a href="https://u.today/" rel="noopener noreferrer nofollow">U.Today</a> 
 </figcaption> 
</figure> 
The buyers' dominance has not lasted long, according to <a href="https://u.today/binance-coin-bnb-price-analysis-for-august-31" rel="noopener noreferrer nofollow">CoinStats</a>. 
<img data-entity-type="file" data-entity-uuid="44cc172b-35d6-46ed-82a1-4628995dcd4c" src="https://u.today/sites/default/files/inline-images/top10_630.png">Top coins by&nbsp;<a href="https://coinstats.app/coins/" rel="noopener noreferrer nofollow">CoinStats</a> 
<h2 dir="ltr" id="doge-usd">DOGE/USD</h2> 
The rate of DOGE has declined by 3.82% since yesterday. 
<img data-entity-type="file" data-entity-uuid="7567feca-9b6b-4a47-b510-6b844263dab9" src="https://u.today/sites/default/files/inline-images/doge_195.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/DOGEUSD" rel="noopener noreferrer nofollow">TradingView</a> 
On the hourly chart, the rate of DOGE has almost touched the local support level of $0.06281. If the price comes back to it again, there is a high probability of seeing a channel breakout, followed by a blast to the $0.062 area soon. 
<img data-entity-type="file" data-entity-uuid="376d3797-fe6a-4e33-84c9-3fba235386d6" src="https://u.today/sites/default/files/inline-images/doge2_51.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/DOGEUSD" rel="noopener noreferrer nofollow">TradingView</a> 
Today's fall has not affected the general technical situation on the daily time frame. The price is in the middle of the wide channel, which means that neither buyers nor sellers are dominating at the moment.&nbsp; 
All in all, sideways trading in the area of $0.063-$0.065 is the more likely scenario for the next few days. 
<img data-entity-type="file" data-entity-uuid="bf4600e0-842f-4ab1-95c8-5d488d4dc6cd" src="https://u.today/sites/default/files/inline-images/doge3_49.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/DOGEUSD" rel="noopener noreferrer nofollow">TradingView</a> 
From the midterm point of view, the rate of DOGE has failed to fix above the interim mark of $0.065. If nothing changes by the end of the week, the breakout of the $0.06 zone may lead to the test of the support of $0.05509 until mid-September. 
DOGE is trading at $0.06358 at press time.

DOGE Price Analysis for September 1

Tabla de contenidos

U_Today

Otros artículos publicados el 1 sept 2023

South Korea’s FIU Declared Fine on Crypto Firm Delio!

Ripple CTO Puzzles XRP Community With New Enigmatic Pop Culture Tweet

LINK Price Analysis: Will Chainlink Break the $8.5 Barrier Or Drop to $3″

Celsius To Invest $50 Million To Pursue Litigation For Pending Disputes

The Sandbox (SAND) and Decentraland (MANA) Slide Into the Bear Market, Investors Join Watchvestor...

Cardano (ADA) Products Welcome New Comprehensive Updates

¡Únete a nuestro boletín gratuito para recibir actualizaciones diarias de criptografía!