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 Most cryptocurrencies are facing a correction, according to <a href="https://u.today/xrp-price-analysis-for-july-15" rel="noopener noreferrer nofollow">CoinMarketCap's ranking</a>. 
 <img alt="Top 10 coins by CoinMarketCap" data-entity-type="file" data-entity-uuid="26b93536-c9d1-4b25-9126-4a77c73b616e" src="https://u.today/sites/default/files/inline-images/top10_548.png"> 
 Top coins by&nbsp;<a href="https://coinmarketcap.com/" rel="noopener noreferrer nofollow">CoinMarketCap</a> 
 <h2 id="doge-usd">DOGE/USD</h2> 
 The rate of DOGE has fallen by 2% over the last 24 hours. 
 <img alt="DOGE/USD chart by Trading View" data-entity-type="file" data-entity-uuid="08c3714b-25e1-4be6-99c5-1a5a4723ccd4" src="https://u.today/sites/default/files/inline-images/doge_183.png"> 
 Image by <a href="https://www.tradingview.com/symbols/DOGEUSD" rel="noopener noreferrer nofollow">TradingView</a> 
 On the hourly chart, the rate of DOGE is trading in the middle of the local channel, getting energy for a further move. One can only expect an upward move if the price returns to the mark of $0.07150 and fixes around it or even above. 
 <img alt="DOGE/USD chart by Trading View" data-entity-type="file" data-entity-uuid="27609489-cf71-4595-ba8e-d92070be7a2d" src="https://u.today/sites/default/files/inline-images/doge2_48.png"> 
 Image by <a href="https://www.tradingview.com/symbols/DOGEUSD" rel="noopener noreferrer nofollow">TradingView</a> 
 On the daily time frame, ongoing sideways trading is the more likely scenario for the next days as neither bulls nor bears have accumulated enough energy to seize the initiative. 
 <a href="https://u.today/aave-price-analysis-for-july-15" rel="noopener noreferrer nofollow">card</a> 
 However, if the rate fixes below the $0.07 area, sellers may be back in the game. 
 <img alt="DOGE/USD chart by Trading View" data-entity-type="file" data-entity-uuid="c5cb4421-3928-4a85-8908-1013b52b5014" src="https://u.today/sites/default/files/inline-images/doge3_45.png"> 
 Image by <a href="https://www.tradingview.com/symbols/DOGEUSD" rel="noopener noreferrer nofollow">TradingView</a> 
 A more positive picture may be on the weekly chart if the candle closes above the previous bar peak at $0.07186. If that happens, one can expect a resistance breakout followed by a move to the $0.08 area. 
 DOGE is trading at $0.071 at press time.
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DOGE Price Analysis for July 16

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