CandleFocus

DOGE Skyrockets to Three-Year High of $0.28, Overtakes XRP in Market Rankings

Dogecoin (DOGE) has seen a significant surge in price, recording an 88% increase in the past week and surpassing Ripple’s XRP in terms of market capitalization. With the green line of the Super Trend indicator positioned below DOGE’s price, it suggests a bullish outlook and potential for further gains. The MACD indicator also indicates a bullish trend. Currently trading at $0.28, if demand continues, DOGE could break through the $0.31 resistance level and reach a high of $0.39. However, profit-taking could lead to a drop in price, potentially falling to $0.19 or even $0.09.

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