DOGE Price Prediction for April 2

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By Maya Cantina

Tue, 2/04/2024 – 14:00

Cover image via www.tradingview.com

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The decline continues on the cryptocurrency market, according to CoinMarkeCap.

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Top coins by CoinMarketCap

DOGE/USD

DOGE is the biggest loser today out of the top 10 coins, falling by more than 10%.

Image by TradingView

On the hourly chart, the rate of DOGE might have found a local support level at $0.18. However, one should wait until the daily bar closes. 

If the price remains in the same place, one can expect a breakout, followed by a move to the $0.1750 zone.

Image by TradingView

On the larger time frame, the rate of DOGE keeps falling after yesterday’s bearish closure. If the situation does not change by the end of the day, traders may witness a test of the $0.16-$0.17 area within the next few days.

Image by TradingView

On the daily chart against BTC, one should focus on the nearest level of 0.00000282. If its false breakout happens, one can expect a local rise to the 0.00000290 mark.

DOGE is trading at $0.1840 at press time.

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