Dogecoin Surges as iOS Payments Go Live and Technical Breakout Looms
Dogecoin has expanded its use cases with the addition of iOS payments, bringing it closer to mainstream adoption. This move improves the utility of the coin in making payments, providing another means for users to transact with DOGE.
The coin's price is currently trading near a key technical resistance level of $0.095, with the 24-hour volume reaching $601.78 million and a market capitalization of $14.60 billion. Dogecoin's price has increased by 0.72% in the last 24 hours.
Analyst Ali Martinez notes that Dogecoin is consolidating within a descending triangle, with the price approaching the apex. A four-hour close above the $0.095 level will confirm a breakout of the pattern.