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The end of the week is bullish for the top 10 coins, according to CoinStats.
DOGE/USD
The rate of DOGE has gone up by 5.22% over the last 24 hours.
On the hourly chart, the price of DOGE has made a false breakout of the local resistance of $0.2571. If sellers' pressure continues, there is a chance to see a test of the $0.24 zone shortly.
On the bigger time frame, the rate of DOGE has once again tested the resistance of $0.24544.
If bulls can hold the gained initiative, one can expect a breakout followed by a move to the $0.26-$0.27 range.
From the midterm point of view, the price of the meme coin is near the $0.2534 resistance. If a breakout happens and the bar closes with no long wick, traders may expect an ongoing upward move to the $0.28-$0.30 area.
DOGE is trading at $0.2519 at press time.
Vladislav Sopov
U.Today Editorial Team