On the last day, the cryptocurrency market saw all ten leading coins showing positive dynamics. DOGE, in particular, demonstrated significant growth.
Market Situation
According to CoinStats, all top-10 cryptocurrencies are in the green zone. This indicates positive trends in the market, which may attract investor attention.
DOGE/USD Performance
DOGE has become one of the biggest winners of the day, with its price rising by 5.41% over the 24-hour period. On the hourly chart, the price of DOGE is falling after setting local resistance at $0.1751.
Forecasts and Possible Scenarios
If buyers cannot seize the initiative, a test of the $0.1674 level is expected by tomorrow. In the long term, the meme coin's rate has made a false breakout of yesterday's bar's peak, which could lead to a correction to the $0.1650 range. Currently, DOGE is trading at $0.1706.
The cryptocurrency market situation remains uncertain, while DOGE shows growth that may continue in the coming days depending on buyer activity.