© Reuters
On Friday, (DOGE) and (SOL) managed to bounce back following two consecutive days of losses. DOGE witnessed a surge from a low of $0.05747 to an intraday peak of $0.05873, after finding support at the critical $0.0580 level. The next resistance level is expected to be at $0.0595. The relative strength index (RSI) for DOGE also rebounded, moving from 31.00 to an interim ceiling at 33.20, with the next potential level being 35.00.
In a similar fashion, SOL rallied from a two-week low of $21.07 to reach an intraday high of $21.59, as traders capitalized on the dip near its own support level at $21.00. If the current price strength around 50.00 holds, market participants may aim to push SOL above the $22.00 mark over the weekend.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.
Author: Cindy Chavez
Last Updated: 1704343203
Views: 2019
Rating: 3.9 / 5 (70 voted)
Reviews: 81% of readers found this page helpful
Name: Cindy Chavez
Birthday: 1933-11-26
Address: 282 John Alley Suite 704, South James, NE 14087
Phone: +3515803946673184
Job: Actor
Hobby: Telescope Building, Web Development, Beekeeping, Photography, Sailing, Camping, Playing Guitar
Introduction: My name is Cindy Chavez, I am a venturesome, candid, vivid, priceless, artistic, cherished, courageous person who loves writing and wants to share my knowledge and understanding with you.