Biggest Movers: DOGE Hits 3-Week High on Saturday

2 years ago

Dogecoin surged to a three-week precocious to commencement the week, arsenic the token rallied for a 2nd consecutive session. Overall, the meme coin has present traded higher for 4 of the past 5 days. Quant was different notable gainer successful today’s session, moving to an eight-day peak.

Dogecoin (DOGE)

Dogecoin (DOGE) raced to a three-week precocious to commencement the weekend, arsenic the meme coin moved to widen caller gains.

Following a debased of $0.08695 connected Friday, DOGE/USD rallied to an intraday precocious of $0.09474 connected Saturday.

This summation successful terms has pushed the token to its strongest constituent since November 8, erstwhile it was trading astatine a precocious of $0.1125.

DOGE/USD – Daily Chart

Looking astatine the chart, bullish sentiment has climbed higher pursuing a breakout from the 52.00 people connected the comparative spot scale (RSI).

In summation to this, the 10-day (red) moving mean is present upward facing, which is typically a motion of pending surges successful price.

Currently, the RSI is tracking astatine the 54.66 point, with the adjacent disposable absorption constituent astatine the 60.00 mark.

Quant (QNT)

Quant (QNT) was besides successful the greenish connected Saturday, with the token roseate for a 5th consecutive day.

QNT/USD roseate to a highest of $122.06, little than a time aft prices were trading astatine a bottommost of $111.56

As a effect of this mini-bull run, quant is present trading astatine its highest constituent since Nov. 18.

QNT/USD – Daily Chart

Honing successful connected the chart, it appears that bulls are attempting to determination the token to a absorption level of $125.00.

In bid to execute this, the RSI, which is presently tracking astatine 46.56, volition request to collide with a ceiling of its ain astatine 52.00.

The 10-day (red) moving mean is present besides closing successful connected its 25-day (blue) counterpart, which could pb to an eventual upward cross.

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What is down this weekend’s bullish sentiment successful cryptocurrency markets? Let america cognize your thoughts successful the comments.

Eliman Dambell

Eliman brings an eclectic constituent of presumption to marketplace analysis, helium was antecedently a brokerage manager and retail trading educator. Currently, helium acts arsenic a commentator crossed assorted plus classes, including Crypto, Stocks and FX.

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