The decline continues on the cryptocurrency market, according to CoinMarkeCap.
![](https://cnews24.ru/uploads/7e0/7e0d761147f0212cf665f2383a22bd9b1bd0f379.png)
DOGE/USD
DOGE is the biggest loser today out of the top 10 coins, falling by more than 10%.
![](https://cnews24.ru/uploads/82d/82d40607530da6b6ab3856b4b94e78e3976c1f59.png)
On the hourly chart, the rate of DOGE might have found a local support level at $0.18. However, one should wait until the daily bar closes.
If the price remains in the same place, one can expect a breakout, followed by a move to the $0.1750 zone.
![](https://cnews24.ru/uploads/f08/f08a7955efcc0b76e3aede0eee4056244947fca5.png)
On the larger time frame, the rate of DOGE keeps falling after yesterday's bearish closure. If the situation does not change by the end of the day, traders may witness a test of the $0.16-$0.17 area within the next few days.
![](https://cnews24.ru/uploads/146/146ea24b2a71931b29b92cb7f9b1901a686b8a8e.png)
On the daily chart against BTC, one should focus on the nearest level of 0.00000282. If its false breakout happens, one can expect a local rise to the 0.00000290 mark.
DOGE is trading at $0.1840 at press time.