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DOGE price: Dogecoin jumps 4% to lead gains among majors as bitcoin zooms higher

CoinDesk
Dogecoin surged 4% to $0.1119 as a significant volume spike pushed it past key resistance alongside Bitcoin's rally past $80,000.

Summary

Dogecoin experienced a 4% price increase, rising from $0.1075 to $0.1119, driven by a sharp spike in trading volume that suggests strong market positioning. This breakout occurred as Bitcoin climbed above $80,000, boosting general market sentiment. Analysts are now monitoring the $0.109 level, which previously acted as resistance, to see if it will successfully flip to support. While momentum remains strong, traders are watching for a potential move toward $0.114, noting that a dip back below $0.109 would invalidate the breakout.

(Source:CoinDesk)