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The weekend has started with a bounce back of most coins, according to CoinStats.

DOGE/USD

The price of DOGE has gone up by 2.57% since yesterday.

On the hourly chart, the rate of DOGE is far from the support and resistance levels. If the situation does not change by the end of the day, ongoing sideways trading is the more likely scenario for tomorrow.

On the bigger time frame, one should focus on the nearest zone of $0.34. If a breakout happens, the upward move may continue to the $0.35 area soon.

From the midterm point of view, bulls have failed to maintain the rise after the previous bullish closure.

If the candle closes around the current prices, one may witness a test of the $0.30 zone shortly.

DOGE is trading at $0.3359 at press time.