Dokwin (Doug) continued his steadfast upward rise in the cryptocurrency market, as it rose to $ 0.18 in a bullish move. About seven days ago, Dog was fighting to violate the level of resistance of $ 0.1568 and finding higher support than the price sign.
Dogoin oud and bitcoin relationship
According to CoinmarketCap DataThe mem -header -called currency has risen to new levels, and the restoration of lights. Dog’s price rose to $ 0.1923 in trading today before a correction experience.
As of writing this report, the price of Dog changed to $ 0.1813, an increase of 1.1 % in 24 hours and 15 % last week. The trading volume remained high, increasing by 29.63 % to $ 1.96 billion, indicating that despite the low prices, investors remain active in the ecosystem.
Doge is designed to take over the tinnitus of the MIM coin in the broader cryptocurrency market. The asset forms lower levels in a movement indicating that the upward collapse waves on the horizon and supports its journey to achieve stability above $ 0.19.
Some ecosystem users believe that Doge rides the current upward wave with Bitcoin (BTC). They believe that if the leading digital currency rises to $ 100,000, it may support the higher level DOGE movement for each relationship.
If the current momentum participants continue and circulate, DOGE will ride the Bitcoin wave to $ 0.195.
The rise in the volume of trading within the ecosystem can push Dog to the top and maintain its current momentum. 80 % in Quantity Recently supported the recovery step of the Mimi currency.
Could the ETF application lead to the Doug fuel application?
Related
Meanwhile, the Dogecoin community expects positive results from many of the box’s traded requests on the Stock Exchange (ETF). numerous ETF applications It is in front of the Securities and Stock Exchange Committee (SEC) and is waiting for a review of the organizational body.
If SEC looks at the proposals submitted by different asset managers positively, this may affect DOGE price expectations in the long run.
