Biggest Movers: DOGE Jumps 6%, AVAX Hits 2-Month High on Monday

0 5

knife

Dogecoin rose by over 6% to start the week, as prices moved back towards a key resistance level. The meme coin moved higher for a fifth straight session, despite the cryptocurrency market falling by 1.54% as of writing. Avalanche also climbed, hitting a two-month high.

Dogecoin (DOGE)

Dogecoin (DOGE) rose by as much as 6% on Monday, as prices surged for a fifth consecutive session.

Following a low of $0.08858 on Sunday, DOGE/USD raced to an intraday peak of $0.0946 earlier in today’s session.

The move saw dogecoin close in on a key resistance at the $0.0960 level, which was last hit on April 5.

Looking at the chart, one of the catalysts of today’s surge in price was a breakout that occurred on the relative strength index (RSI).

At the time of writing, price strength has moved beyond a ceiling at the 61.00 mark, and is tracking at 62.87

An upcoming wall at 65.00 could be a hurdle for current bulls. However, should they overcome this, there is a good chance that DOGE moves back above $0.1000.

Avalanche (AVAX)

In addition to DOGE, avalanche (AVAX), was another notable gainer in the market to start the week.

AVAX/USD climbed to an intraday high of $21.011 on Monday, following a low of $19.04 during Sunday’s session.

As a result of Monday’s surge in price, avalanche has hit its highest point since Feb. 22.

This has resulted in the token briefly breaking out of a point of resistance at $20.90, however gains have since slipped.

It appears that momentum was caught short following the RSI colliding with its own ceiling at the 73.00 mark.

Although the index is now tracking at 73.17, earlier bulls seem to be more tentative, and are moving to secure gains.

Register your email here to get weekly price analysis updates sent to your inbox:

Can avalanche move above $22.00 in the coming week? Let us know your thoughts in the comments.

Leave A Reply

Your email address will not be published.

bitcoin
Bitcoin (BTC) $ 51,659.84
ethereum
Ethereum (ETH) $ 2,991.99
tether
Tether (USDT) $ 1.00
bnb
BNB (BNB) $ 382.81
solana
Solana (SOL) $ 104.66
xrp
XRP (XRP) $ 0.546454
staked-ether
Lido Staked Ether (STETH) $ 2,990.60
usd-coin
USDC (USDC) $ 1.00
cardano
Cardano (ADA) $ 0.598712
avalanche-2
Avalanche (AVAX) $ 36.74
dogecoin
Dogecoin (DOGE) $ 0.086001
tron
TRON (TRX) $ 0.137753
chainlink
Chainlink (LINK) $ 18.54
polkadot
Polkadot (DOT) $ 7.87
matic-network
Polygon (MATIC) $ 0.998104
uniswap
Uniswap (UNI) $ 11.20
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 51,616.83
the-open-network
Toncoin (TON) $ 2.12
internet-computer
Internet Computer (ICP) $ 12.61
shiba-inu
Shiba Inu (SHIB) $ 0.00001
bitcoin-cash
Bitcoin Cash (BCH) $ 267.87
litecoin
Litecoin (LTC) $ 70.55
dai
Dai (DAI) $ 0.999545
immutable-x
Immutable (IMX) $ 3.10
filecoin
Filecoin (FIL) $ 7.92
cosmos
Cosmos Hub (ATOM) $ 10.44
near
NEAR Protocol (NEAR) $ 3.88
leo-token
LEO Token (LEO) $ 4.18
kaspa
Kaspa (KAS) $ 0.169894
ethereum-classic
Ethereum Classic (ETC) $ 26.17
blockstack
Stacks (STX) $ 2.58
hedera-hashgraph
Hedera (HBAR) $ 0.109517
bittensor
Bittensor (TAO) $ 574.66
optimism
Optimism (OP) $ 3.70
aptos
Aptos (APT) $ 9.45
stellar
Stellar (XLM) $ 0.116848
first-digital-usd
First Digital USD (FDUSD) $ 1.00
vechain
VeChain (VET) $ 0.044796
okb
OKB (OKB) $ 51.45
injective-protocol
Injective (INJ) $ 34.70
lido-dao
Lido DAO (LDO) $ 3.29
celestia
Celestia (TIA) $ 16.97
render-token
Render (RNDR) $ 7.29
the-graph
The Graph (GRT) $ 0.271922
mantle
Mantle (MNT) $ 0.78224
crypto-com-chain
Cronos (CRO) $ 0.094682
arbitrum
Arbitrum (ARB) $ 1.85
monero
Monero (XMR) $ 126.59
sei-network
Sei (SEI) $ 0.863242
sui
Sui (SUI) $ 1.66
maker
Maker (MKR) $ 2,038.89
rocket-pool-eth
Rocket Pool ETH (RETH) $ 3,290.54
beam-2
Beam (BEAM) $ 0.032953
thorchain
THORChain (RUNE) $ 5.44
algorand
Algorand (ALGO) $ 0.19577
mantle-staked-ether
Mantle Staked Ether (METH) $ 3,053.27
elrond-erd-2
MultiversX (EGLD) $ 58.35
quant-network
Quant (QNT) $ 104.09
dydx-chain
dYdX (DYDX) $ 3.55
flow
Flow (FLOW) $ 1.01
bitcoin-sv
Bitcoin SV (BSV) $ 75.72
aave
Aave (AAVE) $ 99.78
bitget-token
Bitget Token (BGB) $ 1.00
flare-networks
Flare (FLR) $ 0.040439
mina-protocol
Mina Protocol (MINA) $ 1.31
starknet
Starknet (STRK) $ 1.89
ordinals
ORDI (ORDI) $ 64.15
havven
Synthetix Network (SNX) $ 4.03
theta-token
Theta Network (THETA) $ 1.33
helium
Helium (HNT) $ 8.90
true-usd
TrueUSD (TUSD) $ 0.974624
tokenize-xchange
Tokenize Xchange (TKX) $ 15.58
fantom
Fantom (FTM) $ 0.421132
the-sandbox
The Sandbox (SAND) $ 0.520804
blur
Blur (BLUR) $ 0.805828
chiliz
Chiliz (CHZ) $ 0.127105
fetch-ai
Fetch.ai (FET) $ 1.07
axie-infinity
Axie Infinity (AXS) $ 8.09
worldcoin-wld
Worldcoin (WLD) $ 8.18
dydx
dYdX (ETHDYDX) $ 3.54
apecoin
ApeCoin (APE) $ 1.76
bittorrent
BitTorrent (BTT) $ 0.000001
gala
GALA (GALA) $ 0.029966
tezos
Tezos (XTZ) $ 1.13
whitebit
WhiteBIT Coin (WBT) $ 7.05
sats-ordinals
SATS (Ordinals) (SATS) $ 0.00000048292939
kucoin-shares
KuCoin (KCS) $ 10.53
cheelee
Cheelee (CHEEL) $ 18.67
osmosis
Osmosis (OSMO) $ 1.59
woo-network
WOO (WOO) $ 0.531294
singularitynet
SingularityNET (AGIX) $ 0.737773
conflux-token
Conflux (CFX) $ 0.247666
dymension
Dymension (DYM) $ 6.36
decentraland
Decentraland (MANA) $ 0.501406
akash-network
Akash Network (AKT) $ 4.02
eos
EOS (EOS) $ 0.801142
frax-ether
Frax Ether (FRXETH) $ 2,983.79
arweave
Arweave (AR) $ 13.90
ronin
Ronin (RON) $ 3.02
astar
Astar (ASTR) $ 0.161797