• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer
  • About us
  • Write for us
  • Terms and Conditions
  • Privacy Policy
  • Disclaimer
  • Contact
  • All Posts
  • Advertise

TronWeekly

Crypto World News

  • Home
  • Education
    • Best TRON Wallets
    • Beginner’s guide to TRON
  • Opinion
    • Tron Tokens
    • Market Analysis
  • Industry
    • Tron Exchange
    • Project Review
  • Press Release
  • Advertise
  • About us
    • The Team
    • Editorial Policy
    • Write for us
    • Privacy Policy
    • Disclaimer
    • Terms and Conditions
    • Contact
You are here: Home / News / Dogecoin [DOGE] buyers continue to splurge despite bearish invasion
Dogecoin

Dogecoin [DOGE] buyers continue to splurge despite bearish invasion

October 14, 2021 by Sahana Kiran

The crypto-verse was glistening in green as the bulls had entered the market. Polkadot [DOT], Dogecoin [DOGE], Terra [LUNA], and Ethereum [ETH] were leading today’s bull run. After garnering massive gains yesterday, Binance Coin [BNB] was seen taking a breather. Nevertheless, the asset was already close to hitting $500.

Speculations from the community were in and it was highly inclined towards Bitcoin [BTC] hitting $60K anytime soon. On one hand, Ethereum [ETH] revealed that it was on its way to conquer the $4K zone. Polkadot [DOT], on the other hand, was on an upward trajectory. The altcoin jumped to $41.57 as it witnessed a daily surge of about 19%.

Dogecoin [DOGE] was also mirroring the ongoing sentiment in the market. The asset managed to gather gains of about 6.27% over the last 24-hours. At the time of writing, DOGE was trading for $0.237.

DOGE amassed attention from around the globe. As serious as the coin’s creators and Elon Musk wanted people to take the asset, it always remained a meme coin. More recently, Shark Tank’s Mark Cuban went on to recommend Dogecoin for “fun” to people.

Despite the consistent fluctuations in its price and market cap, Dogecoin managed to stay in the top 10. During press time, DOGE stood as the 10th largest cryptocurrency with a market cap of $31.4 billion.

Dogecoin [DOGE] one-hour price chart on Binance

Dogecoin
Dogecoin [DOGE] buyers continue to splurge despite bearish invasion 3

The one-hour price chart of DOGE noted a reversal of the trend that the asset resided in. The Awesome Oscillator indicator managed to roll out a green closing bar after laying out an array of red bars that hinted at the presence of the bear. However, the latest transformation could be beneficial for the altcoin. The Chaikin Money Flow [CMF] indicator was currently below the zero median in the bearish arena. But, the CMF marker was pointed upwards and suggested that it could be making its way onto the bullish zone.

Additionally, the Relative Strength Index [RSI] indicator pointed out that the DOGE was being excessively bought.

Filed Under: News, Altcoin News, Market Analysis Tagged With: Dogecoin (DOGE)

Primary Sidebar

Recent Posts

  • Binance Joins Hands With Kazakhstan to Develop a Crypto Framework May 26, 2022
  • Crypto Transfers in Thailand Will Be Exempt From VAT Until 2023 May 26, 2022
  • Exchanges Show Support in Assisting LUNA’s Revival by Listing the New LUNA 2.0 May 26, 2022
  • 29 Moonbird NFTs Worth $1.5M Succumbs To A Phishing Attack May 26, 2022
  • How to Play Craps at Crypto Casinos May 26, 2022

Footer

News

  • Altcoin News
  • Bitcoin News
  • Blockchain
  • Tron News
  • World

Digest

  • Meet the Founder
  • Price Winning Article
  • DeFi
  • Cyber Security
  • Crypto Scam

Industry

  • Project Review
  • Technology
  • Fintech
  • Tron Exchange
  • New in Town

Tron Universe

  • Event and Tron Parties
  • New in Town
  • Tron Tokens

Follow Us

Subscribe US

Copyright © 2022 · Tron Weekly. All Rights Reserved. NOTE: Tron Weekly is an independent crypto news site that adheres to the strict journalism policy anchored on transparency, trust, and objectivity, we have no affiliation with the TRON Foundation, its founder Justin Sun or any other cryptocurrency firm.