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DOGE’s Price Channel Has Hoisted Price to Key Resistance

Published 01/09/2023, 07:25 AM
Updated 01/09/2023, 07:30 AM
© Reuters DOGE’s Price Channel Has Hoisted Price to Key Resistance

  • DOGE posted a 4+% gain over the last 24 hours.
  • The meme coin’s price has been in a multi-day ascending price channel since the end of 2022.
  • Technical indicators suggest that DOGE’s price may drop in the coming 24 hours.

The price of Dogecoin (DOGE) has gained 4.18% against the US Dollar over the last 24 hours, according to CoinMarketCap. Its weekly performance has also been flipped positive following DOGE’s 24-hour gain. Currently, DOGE’s weekly performance stands at +3.85%. As a result, DOGE is changing hands at around $0.07484 at press time.

The post DOGE’s Price Channel Has Hoisted Price to Key Resistance appeared first on Coin Edition.

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