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The market is trading sideways at the beginning of the weekend, according to CoinMarketCap.

DOGE/USD

The price of DOGE has declined by 4% over the last day.

On the hourly chart, the rate of DOGE is near the local resistance level of $0.1371. If it breaks out, the upward move may continue to the $0.14 zone tomorrow.

On the bigger time frame, neither bulls nor bears are dominating. At the moment, one should pay attention to the $0.13 zone. 

If it breaks out happens, the correction may lead to the test of the $0.1225 support.

From the midterm point of view, sellers remain more powerful than buyers. If the weekly bar closes around current prices, traders may witness a test of the $0.12 zone.

DOGE is trading at $0.1367 at press time.