- DOGE’s price stood at $0.0733 after it climbed more than 4% over the past 24 hours.
- The meme coin also outperformed BTC and ETH by 8.51% and 8.72% respectively.
- Technicals on DOGE’s 1-hour chart suggested that its price may rise to $0.07409 in the next few hours.
At press time, most cryptocurrencies were trading in the red, but Dogecoin (DOGE) was one of the lucky tokens that saw its price rise over the past day of trading. CoinMarketCap indicated that the meme coin saw its price rise by more than 4%, which left it trading at $0.0733.
This pushed DOGE’s weekly performance even further into the green to +12.01%. In addition, DOGE’s price rose by 0.46% over the past hour alone. Furthermore, DOGE’s 24-hour trading volume rose by more than 10% throughout the past day of trading, which left it standing at $858.22 million.
The popular meme coin also outperformed Bitcoin (BTC) and Ethereum (ETH) over the past 24 hours. At press time, DOGE was up 8.51% against BTC and was up 8.72% against the largest altcoin by market cap, ETH. As a result, 1 DOGE was worth 0.000002431 BTC and 0.00003804 ETH.
DOGE’s price had retraced slightly after it reached a daily high of $0.07466. Despite this slight correction, the crypto was still trading closer to its 24-hour high than its daily low of $0.0672.
Its market cap of $10,263,799,440 meant that DOGE was ranked as the 9th biggest crypto in terms of market capitalization. This placed right behind Solana (SOL) in the 8th position and in front of Polygon (MATIC) which was ranked 10th.
The meme coin’s price surged above the resistance levels at $0.06972, $0.07152 and $0.07322 over the past 3 hours, and continued to trade above these price points at press time. It was, however, resting on the $0.07322 support level.
Should the crypto’s price break below this support, it may fall to the previously-mentioned level at $0.07152 in the following few hours. On the other hand, if DOGE can close the next 2 hourly candles above $0.07322 then it may look to flip the next resistance level at $0.07409 into support in the coming 2 hours.
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