DOGE price prediction for October 6th

According to CoinMarketCap, the prices of most coins are in the green on the last day of the week.

DOGE/USD

The price of DOGE is up 0.56% in the last 24 hours.

On the hourly chart, DOGE price is trying to break the local resistance at $0.11. If a breakout occurs, the growth could continue until tomorrow towards the $0.1110 zone.

On the larger time frame, the picture is bullish as the price is heading towards the $0.1105 level.

Related

If buyer pressure continues, the accumulated energy could lead to a breakout followed by a move to the $0.1140 area next week.

From a medium-term perspective, bulls failed to sustain the increase after the previous bullish bar. However, if the current candle closes far from its low, there is a possibility of a local rebound back to the $0.12 area.

DOGE is trading at $0.1096 at press time.