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 Cover image via <a href="https://u.today/" rel="noopener noreferrer nofollow">U.Today</a>
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Buyers could not seize the initiative on the last day of the week, according to <a href="https://u.today/cardano-ada-prediction-for-august-3" rel="noopener noreferrer nofollow">CoinMarketCap</a>. <img data-entity-type="file" data-entity-uuid="8e68beaf-e1a1-4504-9534-98820c3509eb" src="https://u.today/sites/default/files/inline-images/top10_1275.png">Top coins by <a href="https://coinmarketcap.com/" rel="noopener noreferrer nofollow">CoinMarketCap</a>
<h2 id="doge-usd">DOGE/USD</h2>
The rate of DOGE has gone down by 5.04% since yesterday. Over the last week, the price has fallen by 17.93%. <img data-entity-type="file" data-entity-uuid="e16cdbf7-45ef-4bc9-abc8-4b94544ef599" src="https://u.today/sites/default/files/inline-images/doge1_129.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/DOGEUSDT" rel="noopener noreferrer nofollow">TradingView</a>
On the hourly chart, the price of DOGE keeps looking bearish. If nothing changes by the end of the day, traders may witness a test of the $0.1050 zone by tomorrow. <img data-entity-type="file" data-entity-uuid="37ab18e0-9c8a-4f55-b52c-faa2882e5a1e" src="https://u.today/sites/default/files/inline-images/doge2_123.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/DOGEUSDT" rel="noopener noreferrer nofollow">TradingView</a>
A bearish situation is also on the daily time frame. If the candle closes below the $0.1047 level, the accumulated energy might be enough for a further drop to the vital area of $0.10.
Such a scenario is relevant until the end of next week. <img data-entity-type="file" data-entity-uuid="646913c9-df0d-43b5-8680-402374031d3f" src="https://u.today/sites/default/files/inline-images/doge3_123.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/DOGEUSDT" rel="noopener noreferrer nofollow">TradingView</a>
From the midterm point of view, there are no reversal signals yet. If a bounce back does not happen, there is a high chance of an ongoing decline to the $0.09-$0.10 range.
DOGE is trading at $0.1059 at press time.

DOGE Prediction for August 4

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