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.

Sellers continue their pressure at the beginning of the weekend, according to CoinMarketCap.

DOGE/USD

DOGE has lost a lot of value today, falling by 8.21%.

Despite the sharp drop, the rate of DOGE still looks bearish. At the moment, the price is near the local support of $0.1475. If a breakout happens, the correction may continue to the $0.1450 zone soon.

On the bigger time frame, there are also no reversal signals yet. If yesterday's decline continues, traders may expect a test of the $0.1350-$0.14 zone within the next few days.

From the midterm point of view, sellers keep controlling the situation. If buyers lose the interim zone of $0.14, the accumulated energy might be enough for an ongoing correction to the nearest support level of $0.1225.

DOGE is trading at $0.1474 at press time.