Biggest Movers: DOGE Snaps Losing Streak as SOL Hits Fresh 6-Week High

Dogecoin snapped a two-day losing streak connected Thursday, arsenic sentiment successful crypto markets remained bullish. The meme coin moved to a one-week high, moving distant from a cardinal terms level successful the process. Solana roseate for a 5th consecutive session.

Dogecoin (DOGE)

Dogecoin (DOGE) ended a two-day losing streak successful today’s session, arsenic prices roseate by implicit 5% connected Thursday.

Following a debased of $0.0821 connected Wednesday, DOGE/USD raced to a highest of $0.08838 earlier successful today’s session.

As a effect of the move, the meme coin continued to to determination distant from a cardinal level of enactment astatine $0.0810.

DOGE/USD – Daily Chart

From the chart, it appears that today’s surge came arsenic the comparative spot scale (RSI) broke retired of a ceiling astatine 55.00.

Currently, terms spot is tracking astatine the 56.65 level, with a absorption of 60.00 a imaginable people for bulls.

Should this people beryllium hit, determination is simply a beardown anticipation that DOGE volition beryllium supra $0.09000.

Solana (SOL)

Solana (SOL) was erstwhile again successful the green, arsenic the token roseate higher for a 5th consecutive session.

SOL/USD moved to an intraday precocious of $25.24 earlier successful today’s session, which comes a time aft the terms was astatine a debased of $23.43.

This leap successful terms sent solana to its highest constituent since February 21, and person to a cardinal absorption level astatine $26.00.

SOL/USD – Daily Chart

Overall, caller gains person pushed the RSI heavy into overbought territory, with the scale presently tracking astatine 69.27.

This level is marginally beneath an upcoming ceiling astatine 70.00, which has already acted arsenic a hurdle for earlier bulls.

At the clip of writing, SOL is presently trading astatine $25.00, which is comparatively little than its earlier peak.

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Do you expect solana to ascent for a sixth time connected Friday? Let america cognize your thoughts successful the comments.

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