Dogecoin Price Prediction: Analysts Say DOGE Could Have One Last Drop Before Recovery

4-hour DOGE chart analysis

Key highlights:

  • The DOGE price is testing key resistance after softer U.S. inflation lifted crypto markets
  • Technical analysis shows weakening bearish momentum as traders watch the $0.080 and $0.092 resistance levels
  • On-chain activity is weak, with daily active Dogecoin addresses dropping nearly 16%

places the price at $0.07858, implying modest upside from current levels if the DOGE price can hold above the $0.070 support area and break through the immediate resistance at $0.080.

 

Source:: Dogecoin Price Prediction: Analysts Say DOGE Could Have One Last Drop Before Recovery