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 in the green zone at the end of the week, according to CoinMarketCap.
DOGE/USD
The rate of DOGE has increased by 0.47% since yesterday. Over the last week, the price has fallen by 8.71%.
On the hourly chart, the price of DOGE is looking bearish as it is near the support of $0.3498. If bears' pressure continues, one can expect a level breakout, followed by a move to the $0.3450 zone.
On the bigger time frame, the situation remains the same. Neither side is dominating, which means sharp moves are unlikely to happen within the next few days.
From the midterm point of view, the picture is similar. In this case, traders should pay attention to the interim level of $0.30.
Denys SerhiichukIf a breakout happens, the accumulated energy might be enough for a test of the support of $0.2724 shortly.
DOGE is trading at $0.3520 at press time.
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.
Gamza Khanzadaev
Tomiwabold Olajide
Dan Burgin
Vladislav Sopov