u.today
Bulls are controlling the situation on the market at the end of the week, according to CoinStats.
$DOGE/USD
Unlike other coins, the rate of $DOGE has fallen by 0.18% since yesterday.
On the hourly chart, the price of $DOGE is going up after a breakout of the local resistance of $0.1535. If bulls can hold the initiative and the daily bar closes far from that mark, the upward move is likely to continue to the $0.16 area.
On the longer time frame, the situation is bullish. The rate of the meme coin is coming back to the $0.1550 level after its false breakout.
If the picture does not change, the accumulated energy might be enough for a blast to the $0.16 range and above.
From the midterm point of view, none of the sides is dominating, as the price of $DOGE is far from the main levels. Thus, the volume is low, which means sideways trading is the most likely scenario until the end of the month.
$DOGE is trading at $0.1549 at press time.