The price of cryptocurrency with the title of dogs is traded in red, along with the majority of the encryption market. At the time of the press, Dog decreased by 2.36 % in the last 24 hours to $ 0.222.
The encryption market publishes mixed price movement in the early Wednesday session, before the issuance of the Federal Reserve records.
The minutes of the Federal Open Market Committee will be issued from May on Wednesday at 2:00 pm Each time, providing investors with additional visions on how the Federal Reserve Council made monetary policy choices in the face of uncertainty in commercial policy.
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In the past 24 hours, $ 203 million has been filtered in various encryption assets throughout the encryption market, with Longs in the amount of $ 112 million, while short pants were filtered for about $ 91 million.
Despite the trading of DOGECOIN prices in red, 24 -hour trading volume showed a moderate increase of 9.49 %, reaching $ 1.29 billion, per Coinmarketcap data.
What is happening?
Dogecoin is widely traded in a scope of its daily average of 50 and 200 at $ 0.191 and $ 0.271, respectively, indicating purchase about support and sale near the resistance.
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Dogoin trading scope has narrowed in recent days, indicating that the main step may be fermentation due to the silent price performance. Continuous recovery would aim at a general resistance of $ 0.27. Buyers will need to penetrate the level of $ 0.27 to start the next station from the height to $ 0.30 and then $ 0.35.
The feelings of the public market will be monitored; According to Glassnode, the short pants are quietly built over the top of 10, stirring the BTC financing rate.
However, the accumulation of Dukwin whale, with a portfolio of between 100 million to one billion dusk, which now controls 26.5 billion coins, increased by 22.8 billion in January.
