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.
Even though the day started positively for most of the coins, bulls could not withstand bears' pressure.
DOGE/USD
The rate of DOGE has increased by 0.59% over the last 24 hours.
The price of DOGE has broken the support level at $0.07878, which means that sellers are again more powerful than buyers. While the rate is below that mark, a further decline to the $0.070 zone is more likely.
DOGE is trading at $0.07633 at press time.
LEASH/USD
Doge Killer (LEASH) has followed the rise of DOGE, going up by 0.54%.
On the daily chart, the price of LEASH has fixed below the support at $532.1. At the moment, the more likely scenario is a decline to the zone of $500.
Denys SerhiichukFurthermore, the volume is going down, which means that bulls are not ready to buy at the current levels.
LEASH is trading at $524.3 at press time.
Alex Dovbnya
Vladislav Sopov
Dan Burgin