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.
The majority of the coins have entered a correction phase, according to CoinStats.
DOGE/USD
The rate of DOGE has fallen by 5.2% over the last day.
On the daily chart, the price of DOGE has made a false breakout of the resistance level of $0.10645. If today's bar closes below $0.10, the correction may continue to the $0.09 area shortly.
DOGE is trading at $0.09515 at press time.
BNB/USD
Binance Coin (BNB) is the only rising crypto from the top 10 list, going up by 1.28%.
From the technical point of view, the rate of BNB is more bullish than bearish; however, the price needs to be fixed above the $250 zone.
Only in that case is there a high possibility of seeing a further upward move.
BNB is trading at $244.1 at press time.