I just reviewed the DOGE charts and things are quite interesting. The trading range has contracted significantly while sellers maintain pressure on the exchanges. The price prediction for Dogecoin will heavily depend on how this congestion is resolved.



Looking at the current data, the price is around $0.10 with a 0.75% drop in 24 hours. The trading volume is at $30.63M and the market capitalization remains at $14.97B. It’s not the best scenario, but it’s not catastrophic either.

What catches my attention is that sellers are still dominating, which suggests there could be more downward pressure before we see a rebound. If you're looking to make a forecast about DOGE, you probably should wait for the range to break in some direction. For now, it seems like a good time to observe before making decisions.
DOGE0.38%
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