DOGE Price Analysis for December 6
Analysis
Price Impact
HighDoge has seen a 3.35% decline in the last 24 hours. while hourly charts show neutrality, daily and midterm analyses indicate a strong bearish sentiment, with potential tests of lower support levels, including $0.1332 and possibly the $0.10-$0.12 range.
Trustworthiness
MedAnalysis is based on technical indicators and chart patterns provided by u.today, a known crypto news source. while comprehensive, market predictions are inherently speculative.
Price Direction
BearishThe daily chart shows doge closer to support than resistance, and a potential close near the weekly bar low could lead to a further downward move towards the $0.10-$0.12 range. sellers' pressure is expected to continue.
Time Effect
LongThe analysis covers potential price movements for the short term ('by tomorrow'), mid-term ('by the end of the week'), and long-term ('midterm point of view' to the $0.10-$0.12 range), suggesting a sustained bearish trend.
Original Article:
Article Content:
Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. Read U.TODAY on Google News The weekend has started with a market correction, according to CoinMarketCap . Advertisement Top coins by CoinMarketCap DOGE/USD The rate of DOGE has declined by 3.35% over the last 24 hours. Image by TradingView On the hourly chart, the price of DOGE is in the middle of the local channel between the support of $0.1383 and the resistance of $0.1403. As neither side is dominating, there are low chances to see sharp moves by tomorrow. Image by TradingView On the bigger time frame, the situation is more bearish. The rate of the meme coin is closer to the support than to the resistance. You Might Also Like Fri, 12/05/2025 - 15:55 XRP Price Analysis for December 5 By Denys Serhiichuk If sellers' pressure continues, one can expect a test of the $0.1332 level by the end of the week. Image by TradingView From the midterm point of view, the picture is similar. If the weekly candle closes near its bar low, the accumulated energy might be enough for a further downward move to the $0.10-$0.12 range. DOGE is trading at $0.1395 at press time. #Dogecoin Price Prediction