Biggest Movers: DOGE Hits 1-Week High as Prices Rebound on Tuesday
Dogecoin rose to a one-week high on Tuesday, as the meme coin rebounded from recent losses . The token rose by as much as 3% earlier in today’s session, moving away from a recent point of support in the process. Monero was also higher, as bulls pushed it closer to a key resistance level. Dogecoin (DOGE) Dogecoin (DOGE) was trading higher during Tuesday’s session, as bullish sentiment returned to the market. Earlier in today’s session, DOGE/USD raced to an intraday high of $0.06098, which comes less than 24 hours after trading at a low of $0.05907. Today’s surge saw DOGE move away from a recent price floor of $0.0585, where it has mostly consolidated since late September. DOGE/USD – Daily Chart Looking at the chart, one of the triggers of this rise in price was a breakout which took place on the 14-day relative strength index (RSI). The index moved past its recent ceiling of 50.00, which has been in place since October 9, and it is now trackin...