[ad_1]
The cryptocurrency market has once again changed tracks after a recovery last week that pushed Bitcoin [BTC] well over $ 4,000 and market capitalization above $ 140 billion. On Monday the bulls returned, as Bitcoin dropped to $ 3.233 and the market cap to less than $ 125 billion, bringing the most important currencies to November lows. Dogecoin [DOGE] and his dissenting features once again challenged the market and rose as the coin around him saw red.
Dogecoin has always been crazy, with the track record of 2018 paying the same testament. The meme coin was on a steep slope after the fall in early September, while Bitcoin and most of the major currencies were relatively stable before the November BCH's antics. The market capitalization of Dogecoin has fallen by a whopping 68.06% compared to the aforementioned date, before the recent recovery.
Last week, Jackson Palmer, the creator of Dogecoin, posted on Twitter that he made a simple & automatic script & # 39; which will automatically block XRP accounts in user mentions, Palmer called the script, "XRP Away." The creator of the Doge made this move following the fire came down from XRP supporters after criticizing Ripple's cryptocurrency. Recently, Palmer was contacted by Tesla's founder, Elon Musk, to help the latter, "get rid of the annoying scammers spammers".
You can find my simple script to automatically block XRP accounts that refer to your mentions @ https://t.co/h4OQV2EITa – I call it XRP Away ™ ️ https://t.co/5H0CK1lvZq
– Jackson Palmer (@ummjackson) 2 December 2018
DOGE / USD
The key currency support level is $ 0.0025, with the currency trading significantly below, despite the bullish swing. The key resistance level of the currency is $ 0.0028, which the currency touched last time at the beginning of November. The MACD line was in a short uptrend from 1600 UTC on December 2 and today has collapsed to bearish conditions, with this recent increase, the currency is about to rise. The 100 EMA line indicates that Dogecoin broke into an uptrend at 0600 UTC on 4 December.
Dogecoin has never aroused much market sentiment because of its declining value, always registering an RSI between 35-52, the recent market recovery has seen its RSI shoot up to 56.17, and continues to rise. The trading range exhibited by the currency is $ 0.0020 – $ 0.0024, with the coin at the highest end. At the time of printing, the currency increased over the US dollar by 5.47% and is currently priced at $ 0.00231.
DOGE / BTC
The virtual currency has passed over a declining Bitcoin [BTC] 6.76% and at the time of printing, a DOGE is equivalent to 0.00000058 BTC.
Market capitalization
The dogecoin started to suffer last Tuesday and in just two days the currency increased its market capitalization by 13.63% to $ 268.3 million. Later, the currency fell below $ 250 million when Bitcoin rose above the $ 4,000 mark. The currency has stabilized around $ 260 million before the recent recovery. At 7:30 UTC on December 3rd, Dogecoin reached a market cap of $ 253.6 million and increased 9.55% to reach $ 277.7 million, the highest point in more than a week. At the time of printing, market capitalization decreased slightly to $ 271.1 million.
Image away Shutterstock
Follow us on chirping
[ad_2]Source link
