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The weekend started with most coins bouncing, according to CoinStats.
Doji/USD
DOGE price has risen by 2.57% since yesterday.
On the hourly chart, DOGE price is far from support and resistance levels. If the situation does not change by the end of the day, continued sideways trading is the most likely scenario for tomorrow.
On the larger time frame, one should focus on the nearest area at $0.34. If a breakout occurs, the upward movement may continue to the $0.35 area soon.
From a mid-term perspective, the bulls failed to sustain the rally after the previous bullish close.
Related to
If the candle closes around current prices, we could see a test of the $0.30 area soon.
DOGE is trading at $0.3359 at press time.
Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not responsible for any financial losses incurred while trading cryptocurrencies. Do your own research by contacting financial experts before making any investment decisions. We believe all content to be accurate as of the date of publication, but some offers mentioned may no longer be available.
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