What’s Next for DOGE? Neutral Sentiment Score, Rising, and Outperforming Crypto Market on Wednesday
Dogecoin (DOGE) has received a neutral rating from InvestorsObserver based on its recent performance in terms of volume and price movement. The crypto asset is currently trading near its midpoint for the past five days and is 3.87% off its five-day high, while remaining 5.75% higher than its five-day low of $0.0717561319470406. Currently trading at $0.07588077135, Dogecoin is above its support level of $0.0717804595133526 and has resistance at $0.0737684606811268. However, due to its low recent trading volume, Dogecoin may be less suitable for some investors. A coin is a cryptocurrency that exists on its own blockchain and is typically used for payments. InvestorsObserver’s Sentiment Score provides a quick, short-term look at a crypto’s recent performance, which could be useful for short-term investors looking to ride a rally or longer-term investors trying to buy the dip.
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