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.
The majority of the coins has begun the weekend with an ongoing correction.
DOGE/USD
DOGE has lost more than the other coins as the meme coin has fallen by almost 3% since yesterday.
DOGE is trading in the local bearish zone after the breakout of the $0.1345 mark. Until the rate is below it, sellers are more powerful than buyers.
On the daily chart, the fall of DOGE has been stopped after a failed attempt to break the resistance level at $0.14. If the meme coin does not go below $0.13 and start accumulating energy, there is a chance to see a rise to the area around $0.15 shortly.
On the bigger time frame, DOGE made a false breakout of the mark at $0.1390. If the fall continues and bulls fail to come back to the level, the drop may continue to the recently formed mirror level at $0.1251 within the next few days.
DOGE is trading at $0.1325 at press time.
Gamza Khanzadaev
Godfrey Benjamin
Dan Burgin
Alex Dovbnya
Vladislav Sopov