u.today
Most of the cryptocurrencies have returned to the green zone on the first day of the weekend, according to CoinStats.
$DOGE/USD
$DOGE has gained a lot of value today, rocketing by 12%.
Despite today's rise, the rate of $DOGE keeps looking bullish on the hourly chart. If the daily bar closes around the current prices or above, the growth is likely to continue to the $0.32 zone tomorrow.
On the bigger time frame, there are no reversal signals yet.
If the situation does not change by the end of the day, traders may witness a test of the resistance of $0.3148 soon.
From the midterm point of view, one should focus on the weekly candle closure in terms of the $0.2867 level. If it happens above it and with no long wick, the growth is likely to continue to the $0.35 area by the end of the week.
$DOGE is trading at $0.2975 at press time.