Dogecoin is now showing signs of renewed vitality as the crypto market also starts to flex some muscle.<\/p>\n
Meme coins are now getting more attention as the major crypto continue to pick up and soar. Dogecoin (DOGE) is seen to be moderately volatile trading along the range of $0.0655 to $0.06867 overnight. <\/p>\n
The crypto space is blinking green as Bitcoin ushers with a gain of 0.82 percent, Ethereum spikes at over 4%, and Solana joins the party as the biggest gainers with 10%.<\/p>\n
DOGE trading volume has spiked by 21.22 percent or a total of $528.5 million. The coin now ranks in the 10th place with a total market cap of $9 billion.<\/p>\n
DOGE has failed to break higher for the past couple of hours which is indicative of further retracement or retesting.<\/p>\n
Suggested Reading | Solana Adds 70% More Shine \u2013 Can SOL Keep The Light Coming? <\/p>\n
Dogecoin Reaches $0.069 Resistance Level<\/p>\n
On the brighter side, Dogecoin is seen to move forward from a previous low of $0.058 to hit the $0.069 major resistance level. <\/p>\n
With that in mind, the losses that have been incurred in the early days of July has already been retraced and a reversal is set to happen anytime soon.\u00a0Can DOGE now easily breach past the $0.070 to $0.075?<\/p>\n
But, for now, there is no lower low set, so rallying may be expected once a new higher local low is set.<\/p>\n
As of now, the Dogecoin price may have difficulty to break higher than the $0.069 mark because it still offers a forceful resistance. <\/p>\n
On the other hand, DOGE\/USD may slide down below $0.065 which is seen as the closest support where the next probable higher low can be set over the next couple of days.<\/p>\n\n
DOGE total market cap at $9.83 billion on the daily chart | Source: TradingView.com<\/p>\n
Once that retest is done, another attempt to rally above $0.069 is expected \u2013 and perhaps cruise past the $0.070 barrier. Now, if DOGE happens to drop below the resistance mark of $0.0625, further downside may be reached in the next few days.<\/p>\n
DOGE\/USD is seen to have a bearish movement today due to the slight retrace that shifted into a consolidation. With that in mind, Dogecoin will not likely go higher and will have a tendency to retrace further at the end of the week.<\/p>\n
DOGE May Easily Breach $0.075<\/p>\n
Meanwhile, Dogecoin transactions surged with over 70,000 numbers changing hands in the last 24 hours. The sudden spike in transactions may be the result of whales staking more DOGE. <\/p>\n
More so, the increased DOGE transactions can also be indicative of a massive selling pressure as whales may strategically move their funds from cold wallets to crypto exchange addresses.<\/p>\n
Dogecoin has consistently been doing great. As of this writing, DOGE is currently trading at $0.074, up 25% in the last seven days.\u00a0<\/p>\n
Suggested Reading |\u00a0Polygon Price Explodes By 60% \u2013 Is MATIC Nearing $1 Target?<\/p>\n
Featured image from Train Magazine, chart from TradingView.com<\/p>","protected":false},"excerpt":{"rendered":"
<\/p>\n
Dogecoin is now showing signs of renewed vitality as the crypto market also starts to flex some muscle.<\/p>\n
Meme coins are now getting more attention as the major crypto continue to pick up and soar. Dogecoin (DOGE) is seen to be moderately volatile trading along the range of $0.0655 to $0.06867 overnight. <\/p>\n
The crypto space is blinking green as Bitcoin ushers with a gain of 0.82 percent, Ethereum spikes at over 4%, and Solana joins the party as the biggest gainers with 10%.<\/p>\n
DOGE trading volume has spiked by 21.22 percent or a total of $528.5 million. The coin now ranks in the 10th place with a total market cap of $9 billion.<\/p>\n
DOGE has failed to break higher for the past couple of hours which is indicative of further retracement or retesting.<\/p>\n
Suggested Reading | Solana Adds 70% More Shine \u2013 Can SOL Keep The Light Coming? <\/p>\n
Dogecoin Reaches $0.069 Resistance Level<\/p>\n
On the brighter side, Dogecoin is seen to move forward from a previous low of $0.058 to hit the $0.069 major resistance level. <\/p>\n
With that in mind, the losses that have been incurred in the early days of July has already been retraced and a reversal is set to happen anytime soon.\u00a0Can DOGE now easily breach past the $0.070 to $0.075?<\/p>\n
But, for now, there is no lower low set, so rallying may be expected once a new higher local low is set.<\/p>\n
As of now, the Dogecoin price may have difficulty to break higher than the $0.069 mark because it still offers a forceful resistance. <\/p>\n
On the other hand, DOGE\/USD may slide down below $0.065 which is seen as the closest support where the next probable higher low can be set over the next couple of days.<\/p>\n
DOGE total market cap at $9.83 billion on the daily chart | Source: TradingView.com<\/p>\n
Once that retest is done, another attempt to rally above $0.069 is expected \u2013 and perhaps cruise past the $0.070 barrier. Now, if DOGE happens to drop below the resistance mark of $0.0625, further downside may be reached in the next few days.<\/p>\n
DOGE\/USD is seen to have a bearish movement today due to the slight retrace that shifted into a consolidation. With that in mind, Dogecoin will not likely go higher and will have a tendency to retrace further at the end of the week.<\/p>\n
DOGE May Easily Breach $0.075<\/p>\n
Meanwhile, Dogecoin transactions surged with over 70,000 numbers changing hands in the last 24 hours. The sudden spike in transactions may be the result of whales staking more DOGE. <\/p>\n
More so, the increased DOGE transactions can also be indicative of a massive selling pressure as whales may strategically move their funds from cold wallets to crypto exchange addresses.<\/p>\n
Dogecoin has consistently been doing great. As of this writing, DOGE is currently trading at $0.074, up 25% in the last seven days.\u00a0<\/p>\n
Suggested Reading |\u00a0Polygon Price Explodes By 60% \u2013 Is MATIC Nearing $1 Target?<\/p>\n
Featured image from Train Magazine, chart from TradingView.com<\/p>\n
<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"colormag_page_layout":"default_layout","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[82],"tags":[],"class_list":["post-3762","post","type-post","status-publish","format-standard","hentry","category-blockchain"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/posts\/3762","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/comments?post=3762"}],"version-history":[{"count":0,"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/posts\/3762\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/media?parent=3762"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/categories?post=3762"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/tags?post=3762"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}