DOGE Price Prediction for August 17

Most of the coins are rising today, according to CoinStats.

DOGE/USD

The price of DOGE has risen by 2% over the last 24 hours.

On the hourly chart, the rate of DOGE is on the way to the local resistance of $0.2360. If bulls' pressure continues, one can expect a level breakout, followed by an ongoing rise to the $0.24 mark.

On the bigger time frame, the price of DOGE is rising after a false breakout of the local support of $0.2186.

If the picture does not change, there is a high chance to witness a test of the resistance by tomorrow.

From the midterm point of view, neither side is dominating. As neither bulls nor bears are controlling the situation, traders are unlikely to see sharp moves soon.

DOGE is trading at $0.2347 at press time.