Dogecoin Price Prediction for Today, June 3: DOGE Trades Below $0.080 Support ByAzeez MustaphaPRO INVESTOR Updated: 03 June 2022 DisclosureWe sometimes use affiliate links in our content, when clicking on those we might receive a commission – at no extra cost to you. By using this website you agree to our terms and conditions and privacy policy. Join Our Telegram channel to stay up to date on breaking news coverage The Dogecoin price prediction shows that DOGE remains at the downside, and the coin is likely to dip below the channel. Dogecoin Prediction Statistics Data: Dogecoin price now – $0.08 Dogecoin market cap – $10.7 billion Dogecoin circulating supply – 132.6 billion Dogecoin total supply – 132.6 billion Dogecoin Coinmarketcap ranking – #10 DOGE/USD Market Key Levels: Resistance levels: $0.11, $0.12, $0.13 Support levels: $0.05, $0.04, $0.03 Buy Dogecoin Now DOGE/USD is moving sideways as the coin remains below the 9-day and 21-day moving averages. Currently, the coin is trading at $0.08, and it is likely to create more downside as revealed by the technical indicators. However, the Doge price may head towards the lower boundary of the channel if the bears put more pressure. Dogecoin Price Prediction: DOGE/USD May Consolidate Within the Moving Average At the time of writing, the Dogecoin price is heading to the downside, and a move below the lower boundary of the channel; may increase the short-term selling pressure, which could hit the next supports at $0.05, $0.04, and $0.03. On the other hand, any bullish movement above the 9-day and 21-day moving averages could push the coin towards the resistance levels of $0.11, $0.12, and $0.13. Moreover, the Dogecoin could start a new bullish session, but the session may not last long as the 9-day moving average remains below the 21-day moving average. So, it is important to note that the next support level may come at $0.06 as other indicators like the Relative Strength Index (14) and the Moving Averages (MA) confirms the next direction that the coin may follow. DOGE/BTC Market: Price May Continue to Move Sideways Compared with Bitcoin, the market price remains within the channel, trading at 271 SAT below the 9-day and 21-day moving averages. Looking at the daily chart, if the coin can break above the moving averages, the bulls may end up dominating the market. DOGEBTC – Daily Chart However, if the market drops below the lower boundary of the channel, the next key support may come at 230 SAT and below. On the bullish side, a possible rise towards the upper boundary of the channel could hit the resistance level of 320 SAT and above. According to the technical indicator Relative Strength Index (14), the market may continue to move sideways as the signal line moves below the 40-level. eToro - Our Recommended Crypto Wallet Our Rating Exchange Wallet for 120+ Cryptocurrencies, Trade In-Wallet Automatic Staking of ETH, ADA or TRX in your Wallet Regulated by FCA, ASIC and CySEC - Millions of Users Unlosable Private Key - Secure eToro Recovery Service Open Free Wallet 68% of retail investor accounts lose money when trading CFDs with this provider. Read more: Best Cryptos to Buy How to Buy Dogecoin Join Our Telegram channel to stay up to date on breaking news coverage