Biggest Movers: DOGE up 30%, Following Twitter Logo Change

Dogecoin continued to commercialized adjacent to a four-month precocious connected Tuesday, pursuing a 30% terms surge to commencement the week. The rally came aft Twitter changed its logo from the accepted bluish bird, to a cartoon representation of Doge. Shiba inu was besides higher, arsenic it moved to a multi-week high.

Dogecoin (DOGE)

Dogecoin (DOGE) was 1 of today’s biggest gainers, arsenic markets continued to respond to Twitter’s logo change.

DOGE/USD raced to a precocious of $0.1026 precocious connected Monday, pursuing a debased of $0.07663 earlier successful the day.

As a effect of this move, the meme coin roseate to its strongest constituent since December 5, erstwhile it deed a highest of $0.1118.

DOGE/USD – Daily Chart

Looking astatine the chart, Tuesday’s surge appears to coincide with the comparative spot scale (RSI) breaking retired of a ceiling astatine 70.00.

At the clip of writing, the scale is tracking astatine 73.45, which is its highest speechmaking since November.

Overall, dogecoin is up implicit 30% astatine the clip of writing, and astir 40% higher than astatine the aforesaid clip past week.

Shiba Inu (SHIB)

Another notable gainer connected Tuesday was shiba inu (SHIB), which moved to a three-week precocious successful the past respective hours.

Following a debased of $0.00001065 to commencement the week, SHIB/USD climbed to a highest of $0.00001157 yesterday evening.

This resulted successful prices jumping by arsenic overmuch arsenic 6%, hitting their highest level since March 14 successful the process.

SHIB/USD – Daily Chart

Similar to DOGE, the determination seemingly took spot pursuing a breakout of a cardinal absorption level of 55.00 connected the RSI indicator.

Price spot is present tracking astatine 55.76, and appears to beryllium heading towards a higher ceiling astatine 58.00.

Should it scope its evident target, SHIB volition apt determination beyond March’s precocious of $0.00001184.

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Do you expect dogecoin and shiba inu to widen this rally further into the week? Let america cognize your thoughts successful the comments.

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