Dogecoin-priset sprängs till nya toppar när värderingen överträffar Twitter och Ford

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Dogecoin’s ongoing rally seems unstoppable after striking new record highs. The meme coin trades above $0.6 at the time of writing. It is up 42% in 24 hours and 119% in the last seven days.

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Värderingen av dogecoin currently sits at $77 billion. It has outmaneuvered Ripple to become the world’s fourth-largest cryptocurrency. Dogecoin is now more valuable than companies like Twitter and Ford.

At the time of writing, Dogecoin is exchanging hands at $0.64 after overcoming the resistance at $0.6. Securing support above $0.6 would see the market stabilizing and allowing the bulls to sustain the massive gains.

Short-term technical indicators insinuate that Dogecoin is comfortably in the hands of the bulls. For instance, the Moving Average Convergence Divergence (MACD) is unwavering with the movement above the mean line (0.00). Besides, the MACD line’s wide gap above the signal line indicates that the DOGE’s path with the slightest hurdles is north.

The uptrend has also been validated by the Relative Strength Index (RSI), as illustrated on the four-hour chart. Navigating the confluence resistance at $0.6 allowed the trend strength indicator to continue with its upward motion, encouraging more investors to enter the market.

Meanwhile, bulls have their focus on $1 and Dogecoin may explode to higher levels as speculation builds. The fear of missing out (FOMO) seems to be the reason why the Dogecoin rally is unstoppable. As mentioned, establishing higher support will secure the uptrend.

Dogecoin intradag nivåer

Spotpris: 0.64 XNUMX $

Trend: Bullig

Volatilitet: Växande

Support: $ 0.6 0.5, $ 0.4 XNUMX och $ XNUMX XNUMX

Motstånd: $ 0.7 1 och $ XNUMX XNUMX

För att hålla koll på Crypto-uppdateringar i realtid, följ oss vidare Twitter & Telegram.

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Author

John är en begåvad författare med över två års erfarenhet som aktivt bidrar till cryptocurrencyindustrin genom att tillhandahålla trovärdigt, intressant och lättläst innehåll. Hans huvudsakliga inriktning är på cryptocurrency prisanalys och branschnyheter. Låt oss följa honom på Twitter kl @jjisige