Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U. Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.
Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U. Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.
The market is facing a slight correction, according to CoinMarketCap.
DOGE is one of the biggest losers today, falling by 3.63%.
Despite today’s fall, the price of DOGE is looking bullish on the hourly chart. If the daily candle closes above the $0.1236 level, the rise may continue to the $0.13 zone tomorrow.
On the bigger time frame, one should focus on the bar’s closure in terms of the nearest level of $0.1233.
If it happens above that mark and with no long wick, the upward move may lead to a test of the $0.1350-$0.140 area soon.
Bulls are also more powreful than bears on the weekly chart. At the moment, there are no reversal signals yet. If bears cannot seize the initiative shortly, there is a chance to see a test of $0.15 this month.
DOGE is trading at $0.1261 at press time.