DOGE/USD
DOGE is one of the biggest losers today, falling by 4.60%.
On the hourly chart, the rate of DOGE keeps looking bearish as it is coming back to the local support level of $0.1928. If it breaks out, the drop is likely to continue to the $0.19 zone.
On the daily time frame, bulls could not keep the rise going after yesterday’s bullish bar closure. At the moment, there are no reversal signals yet, which means there is a high chance to see a test of the $0.18-$0.19 area soon.
From the mid-term point of view, the price of DOGE is falling after a failed attempt to fix above the $0.20 zone.
If the situation does not change by the end of the week, traders may witness a test of the support level of $0.17 by mid-April.
DOGE is trading at $0.1924 at press time.
