DOGE was once again higher on Monday, as traders bought the token, days after a video about the meme-coin was shared by Elon Musk. This came as CAKE was also a big mover today, climbing beyond the $10 mark, hitting a multi-month high in the process.
Dogecoin (DOGE)
DOGE rose for a second consecutive session, as bulls continued to pile into the meme-coin, following a recent tweet from Elon Musk.
Following a low of $0.1366 on Sunday, DOGE/USD rallied to a peak of $0.1553 in today’s session, as prices were nearly 6% higher.
Today’s peak is the highest level DOGE has traded since February 14, and comes following a breakout of the $0.1510 resistance level.
However, this ceiling has been relatively firm, with prices falling from earlier highs, as the move gradually turns into a false breakout.
Looking at the chart, DOGE is now trading at $0.1507, and the 14-day RSI indicator also hovers below its own ceiling of 65.70.
As a result of slowing momentum, bears in the market are likely antic
We współpracy z: https://news.bitcoin.com/biggest-movers-cake-hits-10-as-doge-rises-for-a-second-consecutive-session/
