Dogecoin Above 200Day Moving Average by Most Since June 2021

The Twitter (TWTR)-inspired rally in the price of dogecoin (DOGE) over the past week has pushed that cryptocurrency well above its technically notable 200-day moving average. the world’s richest person, closing his Twitter purchase and hope of some sort of integration with the popular social-media platform. “Dogecoin rallied over 100% last week on speculation of integration with Twitter. The surge is meaningful on its chart, noting the breakout above the 200-day MA and former peaks,” Katie Stockton, founder and managing partner of Fairlead Strategies, wrote in a note to clients.