Dogecoin Price Prediction: Will DOGE Price Surpass YTD High?
Dogecoin price prediction for December 2023 is bullish and suggests it may reach the YTD levels. DOGE price gained positive momentum and trading with a mildly bullish bias. It sustains above the 50-day and 200-day EMAs and showcases an uptrend.
Moreover, the EMAs in DOGE crypto displayed a golden crossover which further added fuel to the momentum.
Meanwhile, Dogecoin crypto also witnessed a massive spike in the buying volume visible in green bars. At the same time, the price also began to rise and rallied 30% in a short span of time. It shows crypto whales are alive and getting ready to take the prices toward YTD high.
In the mid of November, DOGE price suddenly shot up 8% in a single day and attempted to break out of the $0.08500 hurdle. However, the sellers were active in the supply zone, so they rejected the price and succeeded in defending the resistance.
Later, the price showed a minor retracement toward the 50-day EMA, and buyers again came forward to push it upward. Currently, Dogecoin price is trading at $0.07865 with a one-day decrease of 0.37%. The 24-hour volume to market cap is at 2.24.
Dogecoin price prediction for December 2023 is bullish and suggests it may reach the YTD levels. DOGE price gained positive momentum and trading with a mildly bullish bias. It sustains above the 50-day and 200-day EMAs and showcases an uptrend.
Moreover, the EMAs in DOGE crypto displayed a golden crossover which further added fuel to the momentum.
Meanwhile, Dogecoin crypto also witnessed a massive spike in the buying volume visible in green bars. At the same time, the price also began to rise and rallied 30% in a short span of time. It shows crypto whales are alive and getting ready to take the prices toward YTD high.
In the mid of November, DOGE price suddenly shot up 8% in a single day and attempted to break out of the $0.08500 hurdle. However, the sellers were active in the supply zone, so they rejected the price and succeeded in defending the resistance.
Later, the price showed a minor retracement toward the 50-day EMA, and buyers again came forward to push it upward. Currently, Dogecoin price is trading at $0.07865 with a one-day decrease of 0.37%. The 24-hour volume to market cap is at 2.24.