Dogecoin (DOGE) Chases TON in the Market Cap Rankings as Profitable Addresses Surge

Dogecoin (DOGE) has seen significant gains over the past 24 hours, emerging as one of the best performing coins in the market during this period.

Over the past 24 hours, Dogecoin (DOGE) has seen some serious gains, making it one of the best performing coins in the market during this period. But wait, there’s more! This price surge has also led to a significant increase in the number of addresses moving into profit.

Dogecoin’s daily price trend analysis showed a massive wave of appreciation during the recent trading session. According to AMBCrypto analysis, Dogecoin is up 7.37%, reaching levels of $0.113. This surge has helped Dogecoin break through its short-term moving average (yellow line), which had been acting as immediate resistance at around its price point at the time of writing.

However, DOGE has not yet been able to fully penetrate this resistance. Analysis has shown a stronger resistance level at around $0.139, marked by its long-term moving average (blue line).

At the time of writing, Dogecoin’s RSI had crossed the neutral line for the first time in almost a month, recording a reading of around 73. This indicated an uptrend, suggesting that momentum was building in favor of further price increases.

Moreover, the positive slope of the RSI line signaled a higher probability of續閱讀

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