Bulls are getting back in the game, 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 far from the local support and resistance levels. In this case, consolidation in the zone of $0.107-$0.108 is the more likely scenario until tomorrow.
A similar picture can be seen on the daily time frame. The volume has dropped, which means neither buyers nor sellers have seized the initiative. Likewise, traders are unlikely to see sharp ups or downs any time soon.
From the midterm point of view, one should pay attention until the bar’s closure.
If it happens around current prices, sideways trading between $0.10 and $0.11 is the more likely scenario for the next few weeks.
DOGE is trading at $0.1072 at press time.
