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September 8 DOGE Price Forecast

DOGE Prediction for September 8

The crypto market is experiencing a surge in prices as the week comes to a close, as reported by CoinMarketCap.

DOGE/USD:

The price of DOGE has seen a 2.09% increase since yesterday, although it has dropped by 3.04% over the past week. Looking at the hourly chart, DOGE’s price is currently situated within a local channel. Should the daily close approach $0.09651, there is a high probability of the price escalating to the $0.097-$0.098 range in the near future.

Analyzing the daily timeframe, DOGE’s price continues to rise post a false breakout of the $0.09184 support level. However, it is possible that the meme coin may require more time to gather momentum for further advancement. As a result, it is anticipated that DOGE will engage in sideways trading within the $0.095-$0.099 zone in the coming days.

Taking a midterm perspective, the outlook appears more bearish than bullish for DOGE with the price hovering near the $0.08196 support level. To shift the momentum to the bulls’ favor, a price recovery to the $0.11 range is crucial.

At the time of writing, DOGE is priced at $0.09601.