Dogecoin is climbing higher above the $0.065 resistance against the US Dollar. DOGE could rally over 20% if it clears the $0.070 resistance zone. DOGE started a decent increase above the $0.0625 resistance against the US dollar. The price is trading below the $0.0650 level and the 100 simple moving average (4 hours). There is…
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Bitcoin is showing renewed strength and targeting yearly highs. Will altcoins follow suit? October is proving to be a solid month for Bitcoin (BTC) as the price is nearing the 2023 high at $31,805. Generally, major resistances are not cleared in the first instance as the bears come out in full force to guard the…
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Dogecoin rose by over 10% to start the week, as sentiment in cryptocurrency markets remained mostly bullish. The global market cap for crypto is up by 2.34% at the time of writing, which comes as a red wave swept through global stock indices. Polygon was another notable gainer on Monday. Dogecoin (DOGE) Dogecoin was a…
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Bitcoin price briefly pushed above the $30,000 level. Are altcoins poised to follow? Bitcoin (BTC) rose above $30,000 on Oct. 20, indicating that the path of least resistance is to the upside. Grayscale Investments filing a new application with the United States Securities and Exchanges Commission for a new spot Bitcoin ETF may have acted…
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Dogecoin (DOGE) has found itself in a precarious position, with its price being squeezed into a narrow range, hinting at a potential decisive breakout in the near future. Market analysts closely monitor the crypto’s struggle to breach a longstanding resistance trendline, as an upside breakout could trigger a fresh rally, while a continuation of the…
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Meme coins were one of the biggest casualties of Wednesday’s price consolidation, falling by as much as 2% in today’s session. The decline comes as a result of profit taking, following strong gains to start the week. Shiba inu and dogecoin remain in the red, as of writing. Shiba Inu (SHIB) Shiba inu (SHIB) was…
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Stock markets flashed green at the weekly open, and crypto prices followed. After two successive weeks of gains, the S&P 500 Index (SPX) started the week on a positive note. This suggests a risk-on sentiment which is a bullish sign. The volatility is likely to pick up as 11% of the S&P 500 companies are…
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Bitcoin trades in a predictable range, but will the sideways price action tempt altcoin traders to open new positions? A trending move in an asset class attracts traders, while a dull price action drives investors to the sidelines. Bitcoin (BTC) has largely been stuck in a range for the past several months, which could be…
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Dogecoin was a notable mover on Friday, as the meme coin rebounded from a key support point. The move came after two consecutive days of declines, pushing price near a two-month low. Solana also ended a losing streak in today’s session. Dogecoin (DOGE) Dogecoin (DOGE) rose higher in today’s session, after the meme coin snapped…
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Bitcoin and select major altcoins are under pressure as the September Producer Price Index report shows wholesale inflation surged to 0.5%, exceeding the markets’ expectation. Buyers are finding it difficult to maintain Bitcoin (BTC) price above $27,000. The selling increased after the September producer price index rose 0.5% for the month versus expectations for a…
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