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.
Most of the coins are back to the green zone after the correction of the cryptocurrency market.
DOGE/USD
The rate of DOGE has risen by 3% over the last 24 hours.
Despite today's rise, the price of DOGE seems not to stop growing, trading near the local resistance at $0.0781.
If buyers can hold the gained initiative, the breakout may lead to a blast to the $0.08 zone shortly.
On the daily chart, the situation is also bullish as the rate is about to fix above the vital level of $0.07788. If that happens, there are high chances to see a midterm upward move to the $0.082-$0.084 zone by the end of the month.
From the midterm point of view, it is too early to make any predictions as the price is far away from key levels. However, if the candle fixes above the $0.07597 mark, growth may continue to the $0.085 zone within the next few weeks.
DOGE is trading at $0.078 at press time.
Vladislav Sopov