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Some cryptocurrencies have come back to the green zone, according to CoinMarketCap.
DOGE/USD
The price of DOGE has fallen by 0.52% over the last 24 hours.
Despite today's fall, the rate of DOGE is looking bullish on the hourly chart. One should pay attention to the nearest resistance level of $0.1238. If the daily bar closes above it, the upward move may continue to the $0.1270 area.
On the bigger time frame, the price is far from the main levels. However, if the rise continues to $0.1292, the accumulated energy might be enough for a breakout, followed by a move to the $0.1320 zone.
A less positive picture can be seen on the weekly chart. The volume has declined, which means none of the sides is ready for a sharp move.
Denys SerhiichukIn regard, consolidation in the zone of $0.12-$0.1350 is the more likely scenario until the end of the month.
DOGE is trading at $0.1249 at press time.
Dan Burgin
Alex Dovbnya