The post DOGE Price Analysis for February 11 appeared on BitcoinEthereumNews.com. Original U.Today article Has the rate of DOGE accumulated enough strength for The post DOGE Price Analysis for February 11 appeared on BitcoinEthereumNews.com. Original U.Today article Has the rate of DOGE accumulated enough strength for

DOGE Price Analysis for February 11

Has the rate of DOGE accumulated enough strength for a drop to the $0.080 zone?

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 market does not seem ready to rise from its current levels, according to CoinStats.

DOGE chart by CoinStats

DOGE/USD

The rate of DOGE has declined by 3.37% over the past day.

Image by TradingView

On the hourly chart, the price of DOGE is near the local support at $0.08940. If the bounce off does not happen until the end of the day, traders may witness a breakout, followed by a further drop to the $0.089 range.

Image by TradingView

On the longer time frame, there are also no reversal signals yet. The volume remains low, which means buyers are not ready yet to seize the initiative. 

You Might Also Like

All in all, there is a high chance of seeing a test of the support level at $0.08675 shortly.

Image by TradingView

From the midterm point of view, the rate of DOGE is breaking the $0.095 support. If the weekly bar fixes below that mark, the decline may continue to the $0.080 zone for the rest of the month.

DOGE is trading at $0.09040 at press time.

‘;
jQuery(‘.card__subscribe-em .input__status’).text(‘Subscribed’);
e.target.querySelector(‘.success’).style.display = ‘block’;
}
});
});
jQuery(‘.modal__form’).submit(function (e) {

const form = e.target;
const inputs = form.elements;
let data=””;
for (const input of inputs) {
data = data + input.name + ‘=’ + input.value + ‘&’;
}

jQuery.ajax({
url: ‘/getresponse.php’,
type: ‘post’,
data: data,
success: function () {
// e.target.querySelector(‘.subscribe-result’).innerHTML = ‘

Subscribed

‘;
// jQuery(‘.card__subscribe-em .input__status’).text(‘Subscribed’);
// e.target.querySelector(‘.success’).style.display = ‘block’;
}
});
});

var nextPages = [
‘https://u.today/shib-price-analysis-for-february-11’,
‘https://u.today/shiba-inu-on-chain-volume-increases-by-327-billion-price-remains-within-established-range’,
‘https://u.today/ripple-to-expand-real-world-assets-on-xrp-ledger-with-latest-partnership’,

];
jQuery(‘.views-row’).infiniteScroll({
path: function () {
return nextPages[this.loadCount];
},
append: ‘.article’,
prefill: true,
scrollThreshold: 1200,
status: ‘.scroller-status’,
hideNav: ‘.pagination’,
});

});

function addLink() {
let body = document.getElementsByTagName(‘body’)[0],
selection = window.getSelection(),
copyright = “

Read more on U.Today ” + document.location.href + “

“,
copyrightText = selection + copyright,
newdiv = document.createElement(‘div’);

newdiv.style.position = ‘absolute’;
body.appendChild(newdiv);
newdiv.innerHTML = copyrightText;
selection.selectAllChildren(newdiv);

window.onclick = function () {
body.removeChild(newdiv);
};
}

Source: https://u.today/doge-price-analysis-for-february-11

Market Opportunity
DOGE Logo
DOGE Price(DOGE)
$0.09344
$0.09344$0.09344
+4.95%
USD
DOGE (DOGE) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.