Cryptonian

12/18 16:22

DOGE Price Analysis for December 18

On the hourly chart, the day has started with a price blast, setting the support level at $0.07755 and the resistance at $0.07949. If the rate remains close to the upper level until the end of the week, there is a chance to see a continued rise to the $0.08 zone tomorrow.
On the bigger time frame, the situation is unclear as buyers have not seized the initiative yet after yesterday's bullish candle. Currently, traders' attention should be focused on the nearest mirror level at $0.08. If a breakout happens, the upward move may last to the $0.084 zone.

Thus, the selling volume is declining, confirming bears' weakness.

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