u.today
The market is returning to the green zone, according to CoinMarketCap.
$DOGE/USD
$DOGE is an exception to the rule, falling by 1.18% over the last 24 hours.
On the hourly chart, the rate of $DOGE has made a false breakout of the local support of $0.2156. If bulls' pressure continues, the upward move is likely to continue to the nearest resistance by tomorrow.
On the longer time frame, the price of the meme coin has made a false breakout of the support of $0.2157.
If the daily bar closes far from that mark, one can expect a bounce back to the $0.2250-$0.23 area soon.
From the midterm point of view, none of the sides is dominating as the rate of $DOGE is far from key levels. If the situation does not change by the end of the week, sideways trading in the zone of $0.21-$0.25 is the most likely scenario.
$DOGE is trading at $0.2203 at press time.