What’s Next for Dogecoin (DOGE) after Wednesday’s 3.98% Increase?

Dogecoin (DOGE) has been rising in price relative to other cryptocurrencies, gaining nearly 4% to reach a value of $0.08135937458. InvestorsObserver has given Dogecoin a moderate volatility rank of 34, placing it in the bottom 34% of cryptocurrencies. The coin has moderate price swings, but is well protected from price manipulation. Dogecoin price is currently trading above resistance, with support set at $0.0773588020956831 and resistance set at $0.0795289327061491. This puts Dogecoin out of range and potentially in a volatile position if the rally fizzles out. A coin is a cryptocurrency that exists on its own blockchain, typically used for payments. The specific usage may vary depending on the cryptocurrency and its particular sub-class. InvestorsObserver provides daily updates on market news and movements for subscribers.

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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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