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DOGE Price Analysis for June 3

source-logo  u.today 03 June 2023 18:55, UTC
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DOGE/USD

The rate of DOGE has increased by 0.80% over the previous 24 hours.

<span class=DOGE/USD chart by Trading View" src="https://cnews24.ru/uploads/b58/b58761c39964d257e62cafc744d0471205ce52e1.png" size="2686x1310">

Image by TradingView

On the hourly chart, the rate of DOGE is returning to the recently tested resistance at $0.07269. If the daily closure occurs near that mark, the price may blast to the $0.073 zone tomorrow.

<span class=DOGE/USD chart by Trading View" src="https://cnews24.ru/uploads/8c5/8c57724df69118bd8d55a162de35514dd95a7d42.png" size="2686x1310">

Image by TradingView

On the bigger time frame, the situation is unclear as the rate of DOGE keeps trading sideways. The nearest mark traders can pay attention to is $0.074. If a test of it happens and the candle closes with no long wicks, the upward move may continue to the resistance at $0.07547.

<span class=DOGE/USD chart by Trading View" src="https://cnews24.ru/uploads/396/396eed245dfeed3dcf4dc9600bb50045fbe6c2f1.png" size="2686x1310">

Image by TradingView

On the weekly time frame, the rate of DOGE has once again bounced off the interim level at $0.07. If the situation does not change by the end of the week, the local growth may lead to a test of the $0.08 zone by the end of the month.

DOGE is trading at $0.07256 at press time.

u.today