Dogecoin Tackles Ten-Cent Hurdle as Price Breaks Above Key Barrier
Dogecoin (DOGE) has made a strong comeback, pushing its price above the key technical barrier at the 200-day moving average. The price surge on Saturday took DOGE from $0.084 to $0.095, marking a significant recovery from its low of $0.08 on September 2.
The current rally is building on the momentum that saw Dogecoin rise from a low of $0.08 on September 2. A surge on September 3 attempted to breach the daily MA 200 but was unsuccessful, as DOGE fell subsequently.
According to Krisspax, a Dogecoin community member, 'Another Dogecoin run on Saturday, this time up to $0.095. So I snapped another fib retracement tool and saw a pullback to $0.0887 which DOGE hit early Sunday morning. Will Dogecoin go on yet another run and try to break 10 cents? We shall see.'