Dogecoin

<ul><li>Dogecoin shows bullish momentum, following Bitcoin&#39;s surge, despite cautious market sentiment.</li><li>A drop in Dogecoin&#39;s trading volume suggests a potential market participation pause amid recent gains.</li><li>Oversold RSI and MACD trends hint at a possible Dogecoin price bounce or correction soon.</li></ul>Dogecoin (DOGE) has experienced a notable price surge in the last 24 hours, following Bitcoin&#39;s breakthrough above the $60,000 psychological barrier. This rise has brought renewed optimism to the market, even though the Bitcoin Fear and Greed Index indicates a cautious sentiment among investors.At press time, DOGE is priced at <a href="https://coinmarketcap.com/currencies/dogecoin/" rel="noopener noreferrer nofollow">$0.1048</a>, reflecting a 4.89% daily gain. This price movement underscores the growing interest in Dogecoin, which now boasts a market cap of $15.25 billion, ranking it 9th by market capitalization. However, trading volume has seen a 16.58% decrease, with 24-hour volume at $791.29 million. This decline in trading activity suggests a potential waning interest or a pause in market participation.Support and resistance levels play a crucial role in DOGE&#39;s price dynamics. The psychological support level at $0.10 remains a stronghold, where buyers typically re-enter the market. A minor support level at $0.0974 was tested earlier, indicating potential further declines if breached. On the upside, the immediate resistance at $0.1080 presents a challenge. Should DOGE break this level, it could pave the way for further gains, possibly testing the $0.11 resistance.<a href="https://cryptotale.org/dogecoin-core-upgrade-boosts-doge-price-trends-surges-4/" rel="noopener noreferrer nofollow">Read more on Cryptotale.</a>Visit the links for more information <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram </a>|

Dogecoin Core Upgrade Boosts DOGE Price Trends, Surges 4%+

CryptoTale

Other articles published on Aug 9, 2024

Giant Cryptocurrency Whale Panicked and Sold at the Bottom: Loss $12 Million

Cryptocurrency Sui Rises More Than 16% In 24 hours

Crypto Leaders Call Out White House For Claiming ‘Chokepoint 2.0’ Isn’t Real

Bitcoin Below $60,000: The Perfect Time to Buy?

IO Price Stagnates Near $1.70: Can It Plot a Reversal Amid Downturn?

Brazil Approves Solana’s First Spot ETF

Join our free newsletter for daily crypto updates!