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Dogecoin Jumps After Rollercoaster Weekend Price-Action
Dogecoin staged a sharp recovery following a dramatic weekend selloff, during which the token plummeted to a low of $0.143 before rebounding above $0.153. The move came amid surging trading volume — over five times the daily average — confirming buyer interest at critical support levels and hinting at a potential momentum shift as broader markets remain turbulent.
News Background
Price Action
DOGE posted a volatile 9.1% range over the 24-hour window, falling from $0.157 to $0.143 before rebounding to close near $0.153. Most dramatic selling occurred during hours 13–14, where volume spiked to over five times the average, establishing a firm floor at $0.145.
In the final hour of trading, Dogecoin surged from $0.152 to $0.153, with a notable breakout above $0.153432 occurring after 04:58. Volume surged again at 05:11 (10.7M), confirming buyer strength and pushing DOGE to a new local high.
Technical Analysis Recap
This article has been published in finance.yahoo.com via Yahoo News.
