Derived from Coindesk, Dogecoin (DOGE) surged above $0.1470 on Tuesday, marking a significant breakout supported by a 312% spike in trading volume during the 15:00–17:00 GMT window. Despite the strong price movement, DOGE remains below key EMAs, with the 20-day EMA at $0.1476 acting as dynamic resistance. On-chain activity hit a three-month high with 67,511 active addresses, but this was offset by $4.81 million in net outflows, indicating mixed fundamental conditions. Technical indicators suggest early momentum, with RSI at 41 and MACD approaching a bullish cross, though structural resistance above $0.1522 remains a key hurdle for further gains.
DOGE Breaks Above $0.1470 Amid High Volume, Mixed Network Flows
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