๐Dogecoin (DOGE) market analysis from September 1 to 27, 2024 shows quite volatile price movements. Throughout the month, the Dogecoin price ranged from $0.099 to $0.11. At the beginning of the month, DOGE faced strong selling pressure, with the RSI showing a downward trend and market sentiment tending to be bearish. The price briefly dropped below $0.11 due to the selling that dominated the market.
However, towards the end of the month, there was potential for a bullish breakout. On September 26 and 27, DOGE began to show signs of improvement with the price holding around $0.11 and a falling wedge pattern appearing that could trigger a price increase of up to 45% if the breakout occurs. Analysts predict that the DOGE price could surge to $0.15 or higher if the bullish momentum continues.
Overall, despite the volatility and bearish pressure for most of the month, the potential for a long-term increase is still open if DOGE manages to break through important resistance levels.
