DOGE Price Analysis for January 29
Buyers remain stronger than sellers even on the last day of the week.
On the local time frame, the price is located in the middle of the channel between the support at $0.08826 and the resistance at $0.091.
Any sharp moves are unlikely until the end of the day, meaning that sideways trading in the range of $0.089-$0.09 is the more likely scenario.
On the bigger chart, DOGE is trading near the resistance at $0.09343, trying to fix above the interim level zone at $0.90. If it manages to do that and a breakout occurs, traders might see the rate of DOGE around the $0.10 mark.
From the midterm point of view, DOGE is about to close far away from the resistance at $0.09343. If the situation does not change by the end of the day, DOGE might keep trading sideways, accumulating strength for a further move.
DOGE is trading at $0.08984 at press time.