NewsBTC
2022-11-01 11:17:40

Dogecoin (DOGE) Cracks Over 150% In 7 Days; Is The Top In Yet?

DOGE’s price shows strength as it continues its rally with eyes set on a high of $0.2. DOGE could rally more as the price creates more bullish bias by breaking out of a bullish continuation pattern with eyes set on rallying higher. DOGE’s price remains strong on all timeframes as price trades above the 50 and 200 Exponential Moving Averages (EMA). The price action displayed by Dogecoin (DOGE) in the past few days has been tremendous, as the price of Dogecoin (DOGE) has become a standout performer creating the euphoria of a bull market in the hearts of many. The price of Bitcoin (BTC) creates a more bullish scenario across the crypto market; this has also acted as a catalyst for the price of DOGE, given how the market has started a little relief across all boards. (Data from Binance) Related Reading: Bitcoin Price Close Above 100 SMA Could Spark A Fresh Surge: Here’s Why Dogecoin (DOGE) Price Analysis On The Weekly Chart The crypto market is looking increasingly welcoming as many altcoins continue producing over 150% gains over the past 7 days of breaking out of its range-bound movement. The likes of DOGE have seen some great runs in recent times rallying from a low of $0.055 to a high of $0.15. The past weeks were tough for the crypto space, with many altcoins struggling to hold up their key support areas. With the week looking more promising and Bitcoin (BTC) prices gaining traction, the crypto market has enjoyed ...

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.