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.
Buyers remain stronger than sellers even on the last day of the week.
DOGE/USD
DOGE is not an exception, rising by 2.75% over the last 24 hours.
On the local time frame, the price is located in the middle of the channel between the support at $0.08826 and the resistance at $0.091.
Denys SerhiichukAny sharp moves are unlikely until the end of the day, meaning that sideways trading in the range of $0.089-$0.09 is the more likely scenario.
On the bigger chart, DOGE is trading near the resistance at $0.09343, trying to fix above the interim level zone at $0.90. If it manages to do that and a breakout occurs, traders might see the rate of DOGE around the $0.10 mark.
From the midterm point of view, DOGE is about to close far away from the resistance at $0.09343. If the situation does not change by the end of the day, DOGE might keep trading sideways, accumulating strength for a further move.
DOGE is trading at $0.08984 at press time.
Alex Dovbnya
Dan Burgin
Vladislav Sopov