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The fall has not lasted long, and again, most of the coins are in the green zone, according to CoinMarketCap.
DOGE/USD
The rate of DOGE has fallen by 0.3% over the last 24 hours.
Despite today's slight fall, the price of DOGE is looking bullish on the hourly chart. If the daily candle closes near the local resistance of $0.1012, the upward move may continue to the $0.1020-$0.1030 zone tomorrow.
On the bigger time frame, the picture is less positive. The rate of DOGE is far from the support and resistance levels.
Denys SerhiichukIf the situation does not change until the end of the day, ongoing sideways trading in the range of $0.099-$0.1040 is the more likely scenario.
From the midterm point of view, none of the sides has seized the initiative yet. The low volume confirms that neither buyers nor sellers are ready for a sharp move. In this case, one can expect consolidation in the zone of $0.10-$0.1050 until the end of the month.
DOGE is trading at $0.10030 at press time.
Alex Dovbnya
Vladislav Sopov
Dan Burgin
U.Today Editorial Team