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The middle of the week is mainly controlled by bulls, according to CoinMarketCap.
DOGE/USD
The rate of DOGE has risen by 1.68% over the last 24 hours.
On the hourly chart, the price of DOGE is in the middle of the local channel, between the support of $0.1486 and the resistance of $0.1535.
As none of the sides is dominating, there are low chances of seeing sharp moves by tomorrow.
On the longer time frame, the rate of DOGE has once again bounced off the resistance of $0.1539. If the daily candle closes far from that mark, traders may witness a test of the $0.1450 area soon.
From the midterm point of view, there are no reversal signals yet. In this case, an ongoing decline remains the most likely scenario until the end of the month.
DOGE is trading at $0.1504 at press time.
Dan Burgin
Vladislav Sopov
U.Today Editorial Team