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Some coins remained trading in the green zone, while the value of other coins fell, according to Coin Statistics.
DOGE/USD
DOGE price has fallen 2.54% over the last 24 hours.
Despite today’s decline, DOGE value looks bullish on the hourly chart as it heads back towards the newly formed resistance at $0.1627.
If buyers can maintain the gained initiative until the end of the day, we can expect a breakout followed by a move to $0.1650.
A less positive picture is seen on the daily time frame as the price is far from key levels. However, if the exchange rate returns to the $0.1690 level, growth may continue to the $0.18 zone.
On the weekly chart, the situation is similar, but DOGE value may need more time to gain energy for further sharp movement due to low volume. In this case, the ongoing consolidation in the $0.1550-$0.1650 zone is a more likely scenario in the following days.
DOGE was trading at $0.1607 at press time.