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The majority of the coins remain under sellers' pressure, according to CoinMarketCap.
DOGE/USD
DOGE is one of the biggest gainers today, rocketing by 7.29%.
On the hourly chart, the price of DOGE is trading above the local level of $0.1698. If buyers can hold the gained initiative, the upward move is likely to continue to the $0.18 zone tomorrow.
The rate of DOGE is on its way to testing the resistance level of $0.1798. If the candle closes near it or above and with no long wick, the growth may lead to a test of the $0.19-$0.20 range by the end of the week.
From the midterm point of view, the price of the meme coin is approaching the resistance of $0.1750.
Denys SerhiichukIf its breakout happens, traders may witness further rise to the $0.20 zone.
DOGE is trading at $0.1701 at press time.
Alex Dovbnya
Valeria Blokhina
Vladislav Sopov
Dan Burgin
U.Today Editorial Team