u.today
Some coins keep trading in the green zone, while the rates of others are falling, according to CoinStats.
$DOGE/USD
The price of $DOGE has declined by 2.54% over the last 24 hours.
Despite today's drop, the rate of $DOGE is looking bullish on the hourly chart as it is about to return to the recently formed resistance of $0.1627.
If buyers can hold the gained initiative until the end of the day, one can expect a breakout followed by a move to $0.1650.
A less positive picture is on the daily time frame as the price is far from the key levels. However, if the rate returns to the $0.1690 level, the growth may continue to the $0.18 zone.
On the weekly chart, the situation is similar, but the rate of $DOGE might need more time to get energy for a further sharp move due to low volume. In this regard, an ongoing consolidation in the zone of $0.1550-$0.1650 is the more likely scenario for the next days.
$DOGE is trading at $0.1607 at press time.