What's Up With Dogecoin Today?

Dogecoin DOGE/USD traded 1% higher over 24 hours early Thursday.

What’s Moving? DOGE has shot up 37% during the course of the last seven days.
See Also: How To Buy Dogecoin (DOGE)

Against Bitcoin BTC/USD and Ethereum ETH/USD, DOGE traded 3.2% and 4.3% higher, respectively, on an intraday basis.

Since the year began, DOGE has soared 4,677.83%, putting it among the top five cryptocurrencies in terms of year-to-date gains.

Why Is It Moving? Doge remained in the green at press time even as the global cryptocurrency market cap fell 1.47% to $1.88 trillion. 

See Also: IoTex Crypto Surges 546% In A Week As Coinbase, Binance News Fuel Rally

Dogecoin was trending among retail investors on Stocktwits. 

On Twitter Inc’s TWTR social media platform, DOGE was the third most cryptocurrency behind ETH and BTC, as per data from Cointrendz.

Popular cryptocurrency analyst The Crypto Dog noted a positive technical signal that could usher in the next DOGE rally after the coin touched $0.23908 earlier in the week.  The analyst believes DOGE is set to outperform BTC.

Benzinga’s Tyler Bundy wrote that $0.45 was key resistance for DOGE in the past and it is moving in a cup pattern towards that level. 

As per Bundy, DOGE has escaped the kennel and looks ready to run.

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