U.Today - Most of the coins are maintaining yesterday's growth, according to CoinMarketCap.
Top coins by CoinMarketCap
DOGE/USD
The rate of DOGE has risen by 1.05% over the last 24 hours.
On the hourly chart, the price of DOGE is falling after a false breakout of the local resistance level of $0.1190. If buyers cannot seize the initiative, there is a chance to see a further decline to the $0.11 range.
On the bigger time frame, the rate of DOGE has bounced off the $0.1193 level.
If the daily candle closes far from that mark, traders may witness a correction to the $0.1050-$0.11 zone by the end of the week.
From the midterm point of view, the price of the meme coin is far from support and resistance levels. As none of the sides is dominating, ongoing consolidation in the area of $0.10-$0.12 is the more likely scenario.
DOGE is trading at $0.1136 at press time.
This content was originally published on U.Today
