Dogecoin May Soon Break Out Despite Overall Market Negativity

Dogecoin – Santiment data aggregator recently tweeted that, despite the general pessimism among the crypto trading community, numerous currencies among the market cap leaders appear to be poised to break out shortly.

According to a tweet by Santiment, Dogecoin, Bitcoin, BNB Coin, and Chainlink are the four coins with the highest levels of FUD (fear, uncertainty, doubt), which may indicate that they are about to experience a price increase.

Dogecoin has soared over the last three days

DOGE price rising from $0.0567 to the $0.0671 mark. However, DOGE had previously gained some ground and was trading at $0.0660 per coin earlier today. Elon Musk, CEO of Tesla, was previously the primary influence on DOGE price. But this time, the original meme token’s price has been rising without his tweets.

Leading cryptocurrency Bitcoin lost the $20,000 mark once more on September 18, falling as low as $18,500 a few occasions over the previous week. The interest rate was increased by 75 basis points by the Fed Reserve during this time.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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