Most of the Cryptocurrencies are in the Green Zone

According to CoinStats, most cryptocurrencies are showing positive performance as the week concludes.

DOGE/USD

The price of DOGE has risen by 3.33% in the last day.

On the hourly chart, the meme coin’s price is nearing resistance rather than support. If bullish pressure persists, a breakout to higher levels could occur, potentially reaching the $0.3320-$0.3340 range.

In a broader context, DOGE has not yet built enough momentum for a significant move. For buyers to take charge, they need to push the price to at least $0.34.

From a midterm perspective, there are currently no reversal signals. However, if bulls fail to maintain the level around $0.30, a correction toward the support level of $0.2724 may happen soon.

At press time, DOGE is trading at $0.3262.