Biggest Movers: DOGE Jumps 6%, AVAX Hits 2-Month High on Monday – Market Updates Bitcoin News

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Biggest Movers: DOGE Jumps 6%, AVAX Hits 2-Month High on Monday – Market Updates Bitcoin News
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DOGE 6% higher, after gaining for 6th consecutive session.

Dogecoin rose by over 6% to start the week, as prices moved back towards a key resistance level. The meme coin moved higher for a fifth straight session, despite the cryptocurrency market falling by 1.54% as of writing. Avalanche also climbed, hitting a two-month high.Dogecoin rose by as much as 6% on Monday, as prices surged for a fifth consecutive session.

The move saw dogecoin close in on a key resistance at the $0.0960 level, which was last hit on April 5.Looking at the chart, one of the catalysts of today’s surge in price was a breakout that occurred on the relative strength index . An upcoming wall at 65.00 could be a hurdle for current bulls. However, should they overcome this, there is a good chance that DOGE moves back above $0.1000.In addition to DOGE, avalanche , was another notable gainer in the market to start the week.

This has resulted in the token briefly breaking out of a point of resistance at $20.90, however gains have since slipped.

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