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Sellers are back in the game as the rates of most of the coins are in the red zone, according to CoinMarketCap.
DOGE/USD
DOGE is one of the biggest losers today, falling by 2.54%.
On the hourly chart, the rate of DOGE is testing the local support of $0.09954. If it breaks out, the fall may lead to a test of the $0.098 area soon.
On the daily time frame, one should pay attention to the interim zone of $0.10. If buyers lose it, there is a chance to see a correction to the $0.095 mark by the end of the week.
On the weekly chart, the rate of DOGE is far from the main levels.
Denys SerhiichukHowever, if the candle closes around the current prices, traders may witness a drop to the nearest area of $0.09.
DOGE is trading at $0.09885 at press time.
Alex Dovbnya
Vladislav Sopov
Dan Burgin
U.Today Editorial Team