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 rising today, according to CoinStats.
DOGE/USD
The price of DOGE has risen by 2% over the last 24 hours.
On the hourly chart, the rate of DOGE is on the way to the local resistance of $0.2360. If bulls' pressure continues, one can expect a level breakout, followed by an ongoing rise to the $0.24 mark.
On the bigger time frame, the price of DOGE is rising after a false breakout of the local support of $0.2186.
If the picture does not change, there is a high chance to witness a test of the resistance by tomorrow.
From the midterm point of view, neither side is dominating. As neither bulls nor bears are controlling the situation, traders are unlikely to see sharp moves soon.
DOGE is trading at $0.2347 at press time.
Dan Burgin
Vladislav Sopov
U.Today Editorial Team