Dogecoin is now showing signs of renewed vitality as the crypto market also starts to flex some muscle. Meme coins are now getting more attention as the major crypto continue to pick up and soar. Dogecoin (DOGE) is seen to be moderately volatile trading along the range of $0.0655 to $0.06867 overnight. The crypto space is blinking green as Bitcoin ushers with a gain of 0.82 percent, Ethereum spikes at over 4%, and Solana joins the party as the biggest gainers with 10%. DOGE trading volume has spiked by 21.22 percent or a total of $528.5 million. The coin now ranks in the 10th place with a total market cap of $9 billion. DOGE has failed to break higher for the past couple of hours which is indicative of further retracement or retesting. Suggested Reading | Solana Adds 70% More Shine – Can SOL Keep The Light Coming? Dogecoin Reaches $0.069 Resistance Level On the brighter side, Dogecoin is seen to move forward from a previous low of $0.058 to hit the $0.069 major resistance level. With that in mind, the losses that have been incurred in the early days of July has already been retraced and a reversal is set to happen anytime soon. Can DOGE now easily breach past the $0.070 to $0.075? But, for now, there is no lower low set, so rallying may be expected once a new higher local low is set. As of now, the Dogecoin price may have difficulty to break higher than the $0.069 mark because it still offers a forceful resistance. On the...
