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Because of this, Dogecoin is up almost 10% today



 Dogecoin is one of the best performers among the top 20 cryptocurrencies by market cap.


The cryptocurrency market has performed well this week. In the last 24 hours, the broader market has increased in value by more than 2.5%. As a result, the total cryptocurrency market cap is currently over $1.9 trillion.


Bitcoin, the world's leading cryptocurrency, broke above the USD 43,000 resistance level and could soon reach USD 45,000 if bullish momentum continues. Ether continues to trade above USD 3,000 and it may soon target the psychological USD 3,500 level.


DOGE, the native token of the Dogecoin ecosystem, is up more than 9% today, making it one of the top performers among the top 20 cryptocurrencies by market cap.


The main catalyst behind DOGE's continued positive development is the news that Bitcoin of America has added Dogecoin to its cryptocurrency ATMs. This implies that the DOGE coin would now be available for deposit and withdrawal at the various Bitcoin of America ATMs in the United States.


Dogecoin joins Bitcoin and Ethereum on the list and will now be available at over 1800 BTMs across 31 states in the US.


Important levels at a glance

The DOGE/USD 4 hour chart is currently bullish as Dogecoin has outperformed most other leading cryptocurrencies. Technical indicators are also bullish thanks to the ongoing rally.




The MACD line has been above the neutral zone for the week-to-date as DOGE's value is up 17% over the past seven days. The 14-day RSI of 56 shows that DOGE could enter the overbought territory if current market momentum holds.


At the time of writing, Dogecoin is trading at $0.1353 per coin. DOGE could break the first major resistance level at $0.1455 before the end of the day if the bulls remain in control.


In the event of an extended rally, DOGE could trade above $0.15 for the first time since February.

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