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 a recent losing streak.
DOGE/USD climbed to a peak of $0.05873 earlier in the day, after falling to a low at $0.05747 the day prior.
The move comes after dogecoin dropped close to a floor at $0.0580, with bulls choosing to reject this breakout.
Since hitting this support level, it now seems that the next target could be at resistance of $0.0595.
On closer inspection of the chart, it appears that the relative strength index (RSI) also rebounded from a floor of its own at 31.00.
The index is now at a reading of 33.20, with the next level traders might target at 35.00, which seems to be an interim ceiling.
Solana (SOL)
Solana (SOL) also climbed higher on Friday
We współpracy z: https://news.bitcoin.com/biggest-movers-doge-rallies-after-bouncing-from-key-support-point/
