Dogecoin Rockets to New Highs: Up 83% in One Week

Juhi Mirza
Dogecoin on a rocket
Image Source: Watcher Guru

The altcoins have shown a remarkable price ascent this week. While PEPE and BONK have shown a considerable rise in their prices, DOGE, on the other hand, has risen significantly this past week. 

The last 24 hours have been particularly positive for Dogecoin. Memecoin has risen 11% in the last 24 hours, climbing to $0.1578. 

Doge’s remarkable price ascent has once again intrigued traders and crypto analysts. A notable crypto analyst, Yomi, has shared new projections on X, discussing how high DOGE can rise in this bull run. 

Also Read: Dogecoin Experiences a Surge in Holders: Is Doge Ready To Breakout?

Dogecoin Eyeing New ATH? 

The Dogecoin price rally has been closely followed by investors and analysts alike. Yomi, a prominent crypto analyst, explained Doge’s current price momentum via X, shedding light on its recent price rally. 

Yomi noted how Dogecoin’s current RSI index has been the highest, signaling increased user interest in the crypto token.

The notable analyst later shared more charts, adding information on Doge’s recent price ascent. 

Yomi added that Doge has consistently broken the RSI 70 factor, which roughly means that the asset has performed extremely well in the market. Yomi later shared how the analysis will monitor Doge’s super trend to share further information. 

Also Read: Dogecoin (DOGE) Up 50% This Week, Is Its All-Time High in Play?

Per Coingecko stats, Dogecoin has consistently been rising to new highs. The crypto is up 84.1% in the last seven days, followed by a monthly high of 84%. 

Similarly, crypto has noted a whopping 99% price rally in the last 30 days, showing renewed user interest and momentum in the asset. 

With the bull run officially on its way, another crypto analyst, Ali Martinez, has noted an interesting insight. 

Martinez shared how the current bull run is at its prime, with nearly $48.54 billion floated into the crypto market.