U.Today - The crypto market remains green today, according to CoinMarketCap.
DOGE/USD
The rate of DOGE has risen by 3.07% over the last 24 hours.
On the hourly chart, the price of DOGE has made a false breakout of the local support of $0.3969. If the daily bar closes far from that mark, growth may continue to the resistance by tomorrow.
On the bigger time frame, neither bulls nor bears are dominating. Thus, the volume has dropped, which means there are low chances to expect any sharp moves soon.
In this case, sideways trading in the zone of $0.38-$0.42 is the more likely scenario.
On the bigger time frame, it is too early to make any distant predictions. If the weekly candle closes far from the resistance level of $0.4385, one can expect a correction to the $0.35 zone.
DOGE is trading at $0.4030 at press time.
This content was originally published on U.Today
