top of page

Dogecoin Continues to Show Positive Price Movement with Over 10% Increase

The largest memecoin, Dogecoin (DOGE), continues to show a positive price movement with a more than 10% increase last week. At the time of writing, DOGE is trading at $0.06873 with a market value of $9.73 billion, making it the 9th largest cryptocurrency by market value and the 8th largest altcoin. So, what’s next for this popular altcoin? Let’s take a closer look. The recent weekly candle formation indicates that Dogecoin has broken the long-standing downtrend resistance trend line that has been suppressing its price. The bullish outlook for DOGE is further supported by the confirmation of a buy signal from the TD Sequential indicator in the same time frame.


Check out the hashd app. It gives you important crypto news and updates in short, simple and easy to read slides. Amazing!



Comments


bottom of page