
DOGE Price Analysis for March 26
Denys Serhiichuk
Can the meme coins rise while the other cryptocurrencies fall?
Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the views of U.Today. Every investment and all trading involves risk, so you should always do your own research before making any decisions. We do not recommend investing money that you cannot afford to lose.
Most of the coins started the weekend with an ongoing correction.
DOGE/USD
DOGE has lost more than the other coins as the meme coin is down nearly 3% since yesterday.
DOGE is trading in the local bearish zone after the USD 0.1345 breakout. Until the rate is below, sellers are more powerful than buyers.
On the daily chart, DOGE’s fall has halted after failing to break the USD 0.14 resistance level. If the meme coin doesn’t drop below $0.13 and start accumulating energy, there is a chance to see a surge towards the $0.15 area soon.
On the larger time frame, DOGE made a false breakout of the brand at $0.1390. If the decline continues and the bulls fail to return to the level, the decline could continue towards the recently formed mirror level of $0.1251 in the coming days.
DOGE is trading at $0.1325 at the time of writing.