Why Is Dogecoin (DOGE) Rising? 20 April 2023

Dogecoin (DOGE), which took action with the strength of Bitcoin (BTC), attracted great attention, how is DOGE, which is among the most rising coins of the day, progressing?
 Why Is Dogecoin (DOGE) Rising?  20 April 2023
READING NOW Why Is Dogecoin (DOGE) Rising? 20 April 2023

Dogecoin (DOGE), which took action with the strength of Bitcoin (BTC), attracted great attention, how is DOGE, which is among the most rising coins of the day, progressing?

With Bitcoin (BTC) pulling back to $ 28,500, many altcoins saw deep drops. Altcoins, which gained strength with the resurgence of BTC, revived again. Dogecoin (DOGE), which managed to become one of the most rising coins of the day, showed an increase of 5.57 percent and became the 4th highest rising coin of the day. Will DOGE, which started the memecoin trend in recent weeks, continue to make a name for itself?

Dogecoin (DOGE) Chart Analysis

DOGE, which showed a serious bullish reaction based on the $ 0.080 level, maintains its strong stance, especially by taking 0.0862 – 0.08540. Watching above the daily and weekly opening price, memecoin came to $ 0.09149, an increase of approximately 6 percent.

In order to see spectacular rises in DOGE, exceeding the $ 0.094 band is one of the main criteria. DOGE, which caught the spring mood with Twitter’s move in the past days, also exceeded $ 0.097. Currently, it operates this level as resistance. On the DOGE side declines, the daily opening price, maintaining the $0.086 and $0.080 levels can be followed.

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