{"id":14845,"date":"2022-11-26T16:56:34","date_gmt":"2022-11-26T16:56:34","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/doge-hits-3-week-high-on-saturday-market-updates-bitcoin-news\/"},"modified":"2022-11-26T16:56:34","modified_gmt":"2022-11-26T16:56:34","slug":"doge-hits-3-week-high-on-saturday-market-updates-bitcoin-news","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/doge-hits-3-week-high-on-saturday-market-updates-bitcoin-news\/","title":{"rendered":"DOGE Hits 3-Week High on Saturday \u2013 Market Updates Bitcoin News"},"content":{"rendered":"

(Originally posted on : Bitcoin News )<\/b>
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Dogecoin surged to a three-week high to start the week, as the token rallied for a second consecutive session. Overall, the meme coin has now traded higher for four of the last five days. Quant was another notable gainer in today\u2019s session, moving to an eight-day peak.<\/strong><\/p>\n

Dogecoin (DOGE)<\/h2>\n

Dogecoin (DOGE) raced to a three-week high to start the weekend, as the meme coin moved to extend recent gains.<\/p>\n

Following a low of $0.08695 on Friday, DOGE\/USD rallied to an intraday high of $0.09474 on Saturday.<\/p>\n

This gain in price has pushed the token to its strongest point since November 8, when it was trading at a high of $0.1125.<\/p>\n

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DOGE\/USD \u2013 Daily Chart<\/figcaption><\/figure>\n

Looking at the chart, bullish sentiment has climbed higher following a breakout from the 52.00 mark on the relative strength index (RSI).<\/p>\n

In addition to this, the 10-day (red) moving average is now upward facing, which is typically a sign of pending surges in price.<\/p>\n

Currently, the RSI is tracking at the 54.66 point, with the next visible resistance point at the 60.00 mark.<\/p>\n

Quant (QNT)<\/h2>\n

Quant (QNT) was also in the green on Saturday, with the token rose for a fifth straight day.<\/p>\n

QNT\/USD rose to a peak of $122.06, less than a day after prices were trading at a bottom of $111.56<\/p>\n

As a result of this mini-bull run, quant is now trading at its highest point since Nov. 18.<\/p>\n

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QNT\/USD \u2013 Daily Chart<\/figcaption><\/figure>\n

Honing in on the chart, it appears that bulls are attempting to move the token to a resistance level of $125.00.<\/p>\n

In order to achieve this, the RSI, which is currently tracking at 46.56, will need to collide with a ceiling of its own at 52.00.<\/p>\n

The 10-day (red) moving average is now also closing in on its 25-day (blue) counterpart, which could lead to an eventual upward cross.<\/p>\n

Register your email here to get weekly price analysis updates sent to your inbox:<\/em><\/p>\n

What is behind this weekend\u2019s bullish sentiment in cryptocurrency markets? Let us know your thoughts in the comments.<\/strong><\/em><\/p>\n

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\nEliman Dambell <\/h6>\n

\nEliman brings an eclectic point of view to market analysis, he was previously a brokerage director and retail trading educator. Currently, he acts as a commentator across various asset classes, including Crypto, Stocks and FX.

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Image Credits<\/b>: Shutterstock, Pixabay, Wiki Commons<\/em><\/p>\n

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