What Does the Neutral Sentiment Score, Rising Price, and Outperformance of Dogecoin (DOGE) Mean for the Crypto Market on Sunday?

Dogecoin (DOGE) has earned a Neutral rating from InvestorsObserver Sunday. The coin is up 0.2% to $0.08130153478 while the broader crypto market is up 0.77%. Dogecoin has a Neutral sentiment reading based on its performance over the past five days. The coin is currently trading near its five-day low of $0.0790576785802841, 8.35% off its five-day high, and is 2.84% higher than its five-day low. Dogecoin has traded on low volume recently, meaning today’s volume is below its average volume over the past seven days. With support set around $0.0795381954877723 and resistance at $0.0822593188851226, Dogecoin has some room to run before facing resistance. InvestorsObserver Sentiment Score provides a quick, short-term look at the crypto’s recent performance, useful for both short-term investors looking to ride a rally and longer-term investors trying to buy the dip.

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About The Author

Niels I have been passionate about dogecoin since 2019, and have since become an avid follower and advocate of the cryptocurrency. I keep a close eye on the Dogecoin market and trends, and I'm always up-to-date with the latest news and developments. As a true believer in the potential of dogecoin, I am excited to be a part of the growing community and I'm eager to share my knowledge and experience with others. When not busy with dogecoin, I enjoy golf, and I can often be found on the golf course.

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