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Most of the coins are coming back to the red zone, according to CoinMarketCap.
DOGE/USD
The rate of DOGE has declined by 0.71% over the last 24 hours.
On the hourly chart, the price of DOGE remains under sellers' pressure.
Denys SerhiichukIf the daily bar closes near the local support of $0.1374, one can expect an ongoing fall to the $0.1350 range tomorrow.
On the daily time frame, bears are also more powerful than bulls. If buyers cannot seize the initiative shortly, there is a chance to see a support breakout, followed by a test of the 0.13 zone shortly.
From the midterm point of view, traders should pay attention to the weekly candle closure in terms of the $0.1470 level. If it happens far from it, one can expect a correction to the $0.1250-$0.13 area.
DOGE is trading at $0.1392 at press time.
Arman Shirinyan
Alex Dovbnya
Vladislav Sopov
Dan Burgin
U.Today Editorial Team