Dogecoin surged 5.6% overnight, the next target: $0.15 peak!
The cryptocurrency market has recently had a big reversal, which caught people off guard. But Dogecoin is a counterattack! Its trading volume has soared by 50%, and it is about to break through the $0.11 mark. This rebound is too sudden! Now, Dogecoin, the popular coin, is holding back and trying to push the price to the high point in September.
Dogecoin is now sprinting towards a very important level, which is $0.115. It's like climbing a mountain, reaching the most tiring place halfway up the mountain, but as long as you can get over it, there will be a smooth road ahead. If Dogecoin can really cross this hurdle, it may soar in the next week, aiming directly at $0.15!
You said how deserted this market was before, it has been sluggish since the beginning of August. Bitcoin, the big brother, is not very good either. It is worth more than 50,000 US dollars recently, which is a far cry from the more than 70,000 US dollars in March. However, Dogecoin is an exception. It suddenly became popular, and its sales volume has been rising rapidly. Now it is almost at 0.15 US dollars.
Did you know? In the 24 hours yesterday, the price of Dogecoin increased by 5.6%! This shocked everyone. Looking back a week, it increased by more than 16%, and now it is standing firmly at 0.107 US dollars. Moreover, those who play derivatives are also very interested in Dogecoin. The trading volume has exceeded 1 billion US dollars. Dogecoin ranks in the top nine in the derivatives market!
I think whether Dogecoin can go up again depends on whether it can break through the hurdle of 0.12 US dollars. If it really breaks through, it may continue to rise sharply in the future. If there is no breakthrough, it may have to stay at the current position for a while, and it is hard to say how the price will change. In short, the cryptocurrency market is really changing rapidly, so we still have to keep our eyes open and see clearly before making a move!
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