Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of U.Today. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

Buyers seem to be back in the game, according to the CoinMarketCap ranking.

Top coins by CoinMarketCap


The price of DOGE has increased by 7.84% over the past 24 hours.

DOGE/USD chart byTradingView

On the local chart, the rate of DOGE has broken the resistance at $0.07072. Until the price is above that mark, bulls keep controlling the situation on the market. In this case, the rise may continue to the $0.075 zone.

DOGE/USD chart byTradingView

On the bigger time frame, the rate of DOGE keeps rising after the false breakout of the support at $0.06393. If bulls hold the mark above $0.07, the upward move can continue to the nearest resistance level at $0.07780.

DOGE/USD chart byTradingView

On the weekly chart, the price has fixed above the support at $0.06581 after its false breakout. However, the meme coin has not accumulated enough strength for a midterm rise. Respectively, sideways trading in the area of $0.07-$0.075 is the more likely scenario for the next few weeks.

DOGE is trading at $0.07341 at press time.

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