At the beginning of this weekend, Dogecoin (DOGE) is trading in a sideways movement. Over the last 24 hours, the cryptocurrency has experienced a 1.17% increase in its price. Closing off at the local support level of $0.07605, the crypto seems set for a decline to the support zone of $0.075. According to the daily chart, bears are in control of the market, as the price action failed to break out of the resistance at $0.07890. With the rate currently located closer to the resistance than the support, bulls are expected to take the momentum soon, and fix the price to the $0.078 zone. A successful attempt at this will likely bring about a breakout, followed by a surge to $0.08 and beyond. As of now, DOGE is being traded at $0.0764.

The current crypto market environment has presented mixed signals, with some digital assets experiencing a surge in prices, while others facing bearish aggression. Even amidst this instability, it is clear that the resilience and strength of Dogecoin remain strong, as its price has stayed relatively consistent. In spite of the slight decline on April 1, bulls still hold enough power to push the rate to the desired levels. Looking at the longer term, any attempt at seizing the initiative is likely going to bring about a steady increase in the price of the cryptocurrency.



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