After six consecutive days of trading in the red, dogecoin rose higher on Tuesday, after bouncing at a key price floor. The meme coin was a notable gainer in today’s session, despite market sentiment mostly tracking lower. Polygon was also in the green, extending recent gains in the process.
Dogecoin (DOGE)
Dogecoin ended a six-day losing streak on Tuesday, as prices rebounded from a recent point of support.
Following a low of $0.06246 on Monday, DOGE/USD rallied to an intraday peak of $0.06422 earlier in today’s session.
The move comes as the meme coin surged from a floor at $0.0620, with bulls now likely targeting a ceiling of $0.0680.
Looking at the chart, the bounce in price comes as the 14-day relative strength index (RSI) rose from a floor at 39.00.
At the time of writing, the index is tracking at 42.66, with the next point of resistance around 47.00.
In the event that this is broken, there is a good chance that DOGE will move back towards $0.07000.
Polygon (MATIC)
Polygon (M
We współpracy z: https://news.bitcoin.com/biggest-movers-doge-snaps-a-6-day-winless-run/
