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Most of the coins have returned to the green zone, according to it CoinStats.
Doji/USD
DOGE is up 25.6% since yesterday.
Despite today's sharp rise, DOGE price looks bearish on the hourly chart. The price declines after the false breakout of the $0.3487 resistance level.
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If the correction continues, traders may expect the support level to be tested by tomorrow.
On the larger time frame, the bar is about to close with a long wick, which is a bearish signal. If the situation does not change by the end of the day, one can expect a test of the $0.28-$0.30 area soon.
From a mid-term point of view, traders should pay attention to the candle closing at $0.2724. If it goes further, further declines may be postponed.
DOGE is trading at $0.3252 at press time.
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