DOGE/USDT 1DAY UPDATE BY CRYPTOSANDERSHello, welcome to this DOGE/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:-Dogecoin (DOGE) was also higher in today’s session, as the meme coin rose to a five-day high.
Following a low of $0.07213 on Wednesday, DOGE/USD rose to a peak of $0.07819 earlier today.
The move saw DOGE rebound from yesterday’s losses, hitting its highest point since last Saturday in the process.
Looking at the chart, today’s surge has sent the 10-day (red) moving average to the brink of a cross with its 25-day (blue) counterpart.
This typically is a sign of upcoming rallies, which like with LTC, will have to come once the RSI breaks free of a current point of resistance.
Price strength is currently tracking at 51.38, which is slightly below a ceiling at the 52.00 mark.
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