Dogecoin Price Revival: How Increasing Demand At $0.060 Matters
Dogecoin (DOGE) has recently displayed resilience as it found substantial buying support at the $0.059 level, a zone that has remained unbreached on a daily candle close for nearly a year. This newfound buying activity hints at a potential challenge to the overhead resistance, marking a crucial juncture for the popular meme coin’s price trajectory. The cryptocurrency market often witnesses sideways trends, characterized by a lack of significant upward or downward movement. DOGE appears to be embracing this sideways movement, oscillating between the overhead trendline and the $0.059....
Related News
Dogecoin is staging a powerful comeback, reinforcing its resilience in the volatile crypto market. After enduring periods of uncertainty and downward pressure, DOGE has managed to reclaim the crucial $0.18 level, a price point that is now acting as a key battleground between bulls and bears. This level has emerged as a defining line in the sand; holding above it could fuel a strong rally, while dropping below might open the door for further declines. With increasing trading volume and renewed interest from investors, the stage is set for an intense showdown. Technical indicators suggest....
Increasing bitcoin price pushes total market capitalization to over $19 billion. How long is it going to continue? It’s official! Bitcoin price is at an all-time high, surpassing the previous peak in 2014 right before Mt Gox’ collapse. The increasing demand for the popular digital currency has placed its total market capitalization at over $ 19 billion. Bitcoin price has been cutting through resistance like a hot knife through butter. the increasing price is brought about by demand, which is expected to stay if people continue with their current buying trend. According to reports, people....
Once popular, Dogecoin (DOGE) has witnessed a revival in the past few months after influential personalities like Elon Musk, Snoop Dogg, and others openly supported the cryptocurrency on social media. A sudden interest in the almost forgotten cryptocurrency created a huge demand among the crypto community as traders and investors started looking for reliable platforms […]
Dogecoin Core version 1.14.8 has been officially released and is now available for download on GitHub. This minor version release brings several crucial improvements aimed at enhancing the stability, efficiency, and security of the Dogecoin network and is recommended for all users. The update includes several important changes, notably several fixes that have been backported […]
The crypto market overall noted gains in the last 24 hours reversing certain effects of the recent bloodbath. Dogecoin on the other hand particularly saw some extreme choppiness over the past week or so. It is however too soon to say if the market is on its way to a solid recovery. Bitcoin was priced at $41k, as it recently toppled over the $40,000 mark marking a sharp increase by 8% over the past day. The price of the meme-coin nose-dived by 10% since the beginning of March, ever since which all eyes have been fixed on Dogecoin. Although Dogecoin in the last week had managed to secure a....