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The market remains bearish after yesterday's drop, according to <a href="https://u.today/bitcoin-btc-price-analysis-for-january-19-1" rel="noopener noreferrer nofollow">CoinMarketCap</a>. <img src="https://u.today/sites/default/files/inline-images/top10_2527.png">
<h2 id="doge-usd">DOGE/USD</h2>
The rate of DOGE has declined by 2.07% over the last 24 hours. <img src="https://u.today/sites/default/files/inline-images/image_3956.png">
On the hourly chart, the price of DOGE is near the local support at $0.1246. If the rate does not bounce back by the end of the day, one can expect an ongoing drop to the $0.12 zone. <img src="https://u.today/sites/default/files/inline-images/image_3957.png">
On the longer time frame, there are also no reversal signals yet. If the daily bar closes near its low, there is a high chance of seeing a test of the nearest support at $0.1199 by the end of the week. <img src="https://u.today/sites/default/files/inline-images/image_3958.png">
From the midterm point of view, one should pay attention to the weekly candle's closure in terms of the support at $0.1199.
If its breakout happens, the accumulated energy might be enough for an ongoing correction to the $0.10 range.
DOGE is trading at $0.1256 at press time. <a href="https://u.today/doge-price-analysis-for-january-20" rel="noopener noreferrer nofollow">Read original article on U.Today</a>

DOGE Price Analysis for January 20

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