Home Latest News Bitcoin (BTC/USD), Dogecoin (DOGE/USD) – Bitcoin, Ethereum, Dogecoin Surge Higher Into The...

Bitcoin (BTC/USD), Dogecoin (DOGE/USD) – Bitcoin, Ethereum, Dogecoin Surge Higher Into The Weekend: What's Happening? – Benzinga

Bitcoin BTC/USD was leading the crypto sector higher during Friday’s 24-hour trading session, skyrocketing about 10% higher.
The bullish price action overnight on Thursday predicted a big move north for the general markets on Friday, which saw the S&P 500 rally about 1.7%.
By late afternoon, Bitcoin was holding strong near to its high-of-day. Ethereum ETH/USD and Dogecoin DOGE/USD initially soared higher but started to consolidate intraday, declining about 1.7% and 2.5%, respectively, off the high-of-day.
Bitcoin will eventually need to consolidate and may begin to do so over the weekend. If that happens, Ethereum and Dogecoin are likely to follow suit.
Below is a look at the three crypto charts:
The Bitcoin Chart: Bitcoin negated its short downtrend during Friday’s session by printing a higher high above the most recent lower high. An uptrend hasn’t yet been confirmed, as the crypto hasn’t printed a higher low above $18,527.

yH5BAEAAAAALAAAAAABAAEAAAIBRAA7eth sept. 9

The Dogecoin Chart: Like Ethereum, Dogecoin broke up bullishly from an inside bar pattern during Friday’s session, which caused the crypto to regain the eight-day exponential moving average (EMA) as support. Dogecoin was unable to climb above the 21-day EMA, which may indicate further consolidation is needed.

yH5BAEAAAAALAAAAAABAAEAAAIBRAA7doge sept. 9

See Also: Shiba Inu Cloud Credentials Leaked On Public Domain, Says Security Researcher

Photo via Shutterstock. 
© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Visit Benzinga’s Crypto Homepage1,000,000+ depend on Benzinga Crypto every month

source

Previous articleOtterBox releases new colorful cases for the iPhone 14 lineup – AppleInsider
Next articleTop 3 Coins To Watch Out for in the Cryptocurrency Market: Solana, ApeCoin, and Big Eyes Coin – NewsBTC
He loves to share his thoughts via Internet. Associate writer at Inferse.com, his prime focus is to review latest cameras and smartphones. He is the official photographer at Inferse.