DOGE and BNB Price Analysis for December 11

The majority of the coins have entered a correction phase, according to CoinStats.

DOGE/USD

The rate of DOGE has fallen by 5.2% over the last day.

On the daily chart, the price of DOGE has made a false breakout of the resistance level of $0.10645. If today’s bar closes below $0.10, the correction may continue to the $0.09 area shortly.

DOGE is trading at $0.09515 at press time.

BNB/USD

Binance Coin (BNB) is the only rising crypto from the top 10 list, going up by 1.28%.

From the technical point of view, the rate of BNB is more bullish than bearish; however, the price needs to be fixed above the $250 zone.

Only in that case is there a high possibility of seeing a further upward move.

BNB is trading at $244.1 at press time.

About the author

Denys Serhiichuk