Dogecoin (DOGE) Gains While Its Competitors Undergo a Correction
DOGE was a shining star in the top 10 list as it was the only one of these cryptocurrencies to achieve a 24-hour gain. Read more on CE....
- DOGE was trading at $0.0827 with a 0.85% gain over the past 24 hours.
- It was the only cryptocurrency in the top 10 list to record a gain.
- If DOGE closes above $0.08270, it may rise to $0.09195 in the short term.
- DOGE's weekly performance was up more than 4%.
- DOGE outperformed other meme coins, which saw substantial losses.
- The meme coin sector's market cap dropped by 0.94% to $18.92 billion.
- The total trading volume for the sector increased to over $3 billion.
- DOGE broke above resistance levels but faced selling pressure.
- Closing above $0.08270 could flip the resistance level into support and lead to a rise to $0.09195.
- Closing below $0.08270 may result in a drop to the subsequent key support level at $0.07755.
The article highlights the positive performance of DOGE compared to other cryptocurrencies and meme coins. It mentions the potential for DOGE to rise further if certain price levels are surpassed.