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The last day of the week is neutral, according to... CoinMarketCap.
Doji/USD
DOGE has risen by 0.31% since yesterday. Over the past week, the price increased by 18.58%.
On the hourly chart, the meme price broke the local support of $0.3878. If the daily bar closes below that mark, the correction to the $0.38 area is likely to continue next week.
On the larger time frame, DOGE price once again failed to settle above the $0.3963 level.
Related to
If the candle closes away from it, one can expect a drop to the $0.36-$0.37 range soon.
From a mid-term point of view, the price is in the middle of the wide channel. If the weekly bar closes around current prices, sideways trading in the $0.35-$0.40 area is the most likely scenario.
DOGE is trading at $0.3852 at press time.
Disclaimer: The opinions expressed by our writers are their own and do not represent the opinions 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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