Dogecoin surged to a three-week excessive to start out the week, because the token rallied for a second consecutive session. General, the meme coin has now traded greater for 4 of the final 5 days. Quant was one other notable gainer in at the moment’s session, transferring to an eight-day peak.
Dogecoin (DOGE)
Dogecoin (DOGE) raced to a three-week excessive to start out the weekend, because the meme coin moved to increase latest positive aspects.
Following a low of $0.08695 on Friday, DOGE/USD rallied to an intraday excessive of $0.09474 on Saturday.
This achieve in worth has pushed the token to its strongest level since November 8, when it was buying and selling at a excessive of $0.1125.
DOGE/USD – Each day Chart
Trying on the chart, bullish sentiment has climbed greater following a breakout from the 52.00 mark on the relative energy index (RSI).
Along with this, the 10-day (purple) transferring common is now upward dealing with, which is often an indication of pending surges in worth.
At the moment, the RSI is monitoring on the 54.66 level, with the subsequent seen resistance level on the 60.00 mark.
Quant (QNT)
Quant (QNT) was additionally in the inexperienced on Saturday, with the token rose for a fifth straight day.
QNT/USD rose to a peak of $122.06, lower than a day after costs have been buying and selling at a backside of $111.56
On account of this mini-bull run, quant is now buying and selling at its highest level since Nov. 18.
QNT/USD – Each day Chart
Honing in on the chart, it seems that bulls are trying to maneuver the token to a resistance degree of $125.00.
To be able to obtain this, the RSI, which is at present monitoring at 46.56, might want to collide with a ceiling of its personal at 52.00.
The 10-day (purple) transferring common is now additionally closing in on its 25-day (blue) counterpart, which might result in an eventual upward cross.
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Earlier article
Bitcoin, Ethereum Technical Evaluation: ETH Surges Above $1,200 to Begin the Weekend
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