DOGE Price Prediction for March 18
Bulls seem unable to hold the initiative for long, according to CoinMarketCap. CoinMarketCap">
DOGE is one of the biggest losers today, falling by 4.05%.TradingView">
Despite the decline, the price of DOGE keeps looking bearish on the hourly chart. If the breakout of the local support of $0.1653 happens, the drop is likely to continue to the $0.16-$0.1650 zone soon.TradingView">
On the bigger time frame, bulls have failed to keep growth going after yesterday's bullish closure.
If the candle closes around current prices, one can expect an ongoing decline to the $0.16 mark by the end of the week.TradingView">
From the midterm point of view, the situation remains bearish. If the weekly bar closes with a long wick and closer to the support of $0.1481, traders may witness a test of the $0.14 area shortly.
DOGE is trading at $0.1662 at press time.