DOGE Bulls in Charge: Potential Upside Momentum Ahead
- DOGE bulls drive demand as market cap and trading volume surge.
- Aroon and MACD signals suggest a bullish trend in DOGE.
- A break above the resistance level may signal further upside potential.
Dogecoin (DOGE) bulls have been in charge during the last 24 hours, effectively manipulating the price between a high of $0.07748 and a low of $0.07213. DOGE is up by 3.58% and reached $0.0749 as of press time, indicating the bulls’ power.
During the upturn, market capitalization and 24-hour trading volume surged by 3.34% and 107.90%, respectively, to $9,929,786,712 and $713,540,403. This increase reflects the increased interest and demand for DOGE as more traders and buyers enter the market in the expectation of profiting.
The bullish run development might break the 24-hour high of $0.07748, with resistance levels at $0.08 and $0.10. But, if the bulls succumb to bearish pressure, the support level may be challenged. If the $0.07213 level is breached, the next support level might be around $0.06875, the last consolidation range low.
The Aroon up reading of 64.29% and the Aroon down reading of 21.43% suggests th…
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