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Neither bulls nor bears are dominating today on the market, according to <a href="https://u.today/cardano-ada-prediction-for-july-30" rel="noopener noreferrer nofollow">CoinMarketCap</a>. <img data-entity-type="file" data-entity-uuid="39ecf4b8-7b31-40d3-9f40-cb5cec02f8b2" src="https://u.today/sites/default/files/inline-images/top10_1267.png">Top coins by<a href="https://coinmarketcap.com/" rel="noopener noreferrer nofollow"> CoinMarketCap</a>
<h2 id="doge-usd">DOGE/USD</h2>
The price of DOGE has fallen by 1.32% over the last 24 hours. <img data-entity-type="file" data-entity-uuid="79b00444-c545-47de-9f3e-814956d92e9e" src="https://u.today/sites/default/files/inline-images/doge1_128.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/DOGEUSDT" rel="noopener noreferrer nofollow">TradingView</a>
Despite today's fall, the rate of DOGE is trading near the local resistance level. If buyers can hold the gained initiative and the candle closes around $0.1275, the upward move is likely to continue to the $0.13 zone. <img data-entity-type="file" data-entity-uuid="89039a34-7e92-4232-a47c-958f0b4f25d6" src="https://u.today/sites/default/files/inline-images/doge2_122.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/DOGEUSDT" rel="noopener noreferrer nofollow">TradingView</a>
On the bigger time frame, the picture is less positive. The price of the meme coin has not accumulated enough energy for a growth or fall. Such a statement is also confirmed by the falling volume.&nbsp;
In this case, ongoing sideways trading in the zone of $0.12-$0.13 is the more likely scenario. <img data-entity-type="file" data-entity-uuid="cb358fcc-410e-4344-afb9-9de1522c6605" src="https://u.today/sites/default/files/inline-images/doge3_122.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/DOGEUSDT" rel="noopener noreferrer nofollow">TradingView</a>
From the midterm point of view, one should pay attention to the weekly bar's closure in terms of the interim level of $0.12. If the bar closes near it or below, the correction may continue to the $0.11 area.
DOGE is trading at $0.1264 at press time.

DOGE Prediction for July 31

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Ďalšie články zverejnené 31. 7. 2024

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