Dogecoin price rallies 150% in 4 days

Dogecoin price rallies 150% in 4 days, but DOGE now most 'overbought' since April 2021...

The doge jumps over the moon              And coiners celebrate their boon              What a rally they say              And hey, why wouldn't they              Much deserved since its lows in June! The broader cryptocurrency market has been trending downwards, but dogecoin (DOGE) is one coin that's bucking that trend by breaking above a critical resistance level. This bullish momentum can be attributed to Elon Musk's Twitter acquisition on Oct. 27, which helped propel DOGE to around $0.146, its biggest daily gain since April 2021!  This massive intraday rally came on the heels of a broader uptrend that began on Oct. 25 — one which has led to gains of about 150% over the four-day period. Moreover, DOGE wasn't the only cryptocurrency enjoying such a paw-sitive rally. Shiba Inu (SHIB) and Dogelon Mars (ELON) both posted similar gains of 53% and 140%, respectively. After such a ruff year, memecoiners can finally celebrate a momentary respite.  Now the question is, will it last? Read the full story here on Cointelegraph. The recent uptrend could indicate a potential turnaround on the bear market — and now, you can be the first to know...  Stay ahead of market trends, and make more data-driven decisions by getting access to the same up-to-the-minute, market-moving data that institutions, hedge funds, and billionaire investors rely on, that's only available through Cointelegraph Markets Pro. Russell DeCorte Director Markets Pro © 2022 COINTELEGRAPH MARKETS PRO COINFIDENTIAL. Copyright © 2022 Cointelegraph Markets Pro, All rights reserved. You are receiving this email because you opted in at our website. Our mailing address is: Cointelegraph Markets Pro 21 W 46th St New York, NY 10036-4119 Add us to your address book Want to change how you receive these emails? You can update your preferences or unsubscribe from this list.