Dogecoin price prediction
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DOGE/USDT daily chart. Source: Cointelegraph/TradingViewDogecoin DOGE $0.14 turned down from the 20-day EMA ($0.14) on Wednesday, indicating that the bears are selling on every minor rally.
DOGE/USDT daily chart. Source: Cointelegraph/TradingView
If the price continues lower and closes below the $0.13 support, it signals the start of a new downward move. The DOGE/USDT pair could then plunge to the Oct. 10 low of $0.10, which is likely to attract buyers.The first sign of strength will be a break and close above the 20-day EMA. That shows the bulls are fiercely defending the $0.14 level. The Dogecoin price may climb to the 50-day SMA ($0.16) and later to $0.19.
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Dogecoin’s movement still heavily depends on sentiment and broader market trends.
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Volatility remains high for DOGE—risk management is essential.