Two days ago DOGE/USD was trading near a low of 13 and one/third cents. The move higher has been strong and fast, but it must be noted that the pace upwards took place in a rather consolidated framework. DOGE/USD for all of its ‘implied’ volatility has actually been rather tranquil when compared to its results of the past.DOGE/USD does not seem to be the leader of the pack anymore regarding speculative interest from cryptocurrency traders.
However, whether or not DOGE/USD is now a proactive cryptocurrency which serves as a barometer of things to come in the broad cryptocurrency market, or if it is only a reactive cryptocurrency, Dogecoin remains a worthwhile speculative property.
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Source: FXStreetNews - 🏆 14. / 72 Read more »