11/26/2022 | Bitcoin.com
Biggest Movers: DOGE Hits 3-Week High on Saturday
Dogecoin surged to a three-week high to start the week, as the token rallied for a second consecutive session. Overall, the meme coin has now traded higher for four of the last five days. Quant was another notable gainer in today’s session, moving to an eight-day peak.
Dogecoin (DOGE) raced to a three-week high to start the weekend, as the meme coin moved to extend recent gains.
Following a low of $0.08695 on Friday, DOGE/USD rallied to an intraday high of $0.09474 on Saturday.
This gain in price has pushed the token to its strongest point since November 8, when it was trading at a high of $0.1125.
Looking at the chart, bullish sentiment has climbed higher following a breakout from the 52.00 mark on the relative strength index (RSI).
In addition to this, the 10-day (red) moving average is now upward facing, which is typically a sign of pending surges in price.
Currently, the RSI is tracking at the 54.66 point, with the next visible resistance point at the 60.00 mark.