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The rebound did not last long, according to CoinMarketCap.
DOGE/USD
DOGE rate decreased by 0.16% in the last 24 hours.
On the hourly chart, DOGE price is trading below the local support level of $0.1926. If the situation does not change by the end of the day, the decline is expected to continue tomorrow to the $0.1850 area.
On the daily period, the picture is also more bearish than bullish. If the bar closes below $0.19, traders can expect a continued correction to the $0.17 to $0.18 area in the coming days.
From a medium-term perspective, the DOGE rate is in the middle of the channel, between the support at $0.17 and the resistance at $0.2288.
As neither party has taken the initiative yet, continued sideways trading around $0.19 is the most likely scenario for next week.
DOGE is trading at $0.1923 at press time.