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Buyers are trying to be back in the game at the end of the week, according to CoinStats.
DOGE/USD
DOGE has gained a lot of value, rocketing by 9.31%.
On the hourly chart, the price of DOGE is between the support level of $0.08468 and the resistance of $0.09046. As most of the daily ATR has passed, any sharp moves are unlikely to happen today.
Denys SerhiichukAll in all, consolidation around $0.086 is the more likely scenario until tomorrow.
A similar picture is on the daily time frame. If buyers want to continue controlling the situation on the market, they need to fix the price above the resistance level of $0.09213. Only in that case can one expect a test of the $0.095 zone.
From the midterm point of view, traders should focus on the weekly bar closure in terms of the previous bar peak. If it happens above $0.088, the growth may continue to the $0.095-$0.01 area until the end of the week.
DOGE is trading at $0.0869 at press time.
Alex Dovbnya
Tomiwabold Olajide
Dan Burgin
U.Today Editorial Team
Vladislav Sopov