Dogecoin Cheers Coinbase Listing as Bitcoin’s Range Play Continues
- Date: 02-Jun-2021
- Source: Yahoo News
- Sector:Financial Markets
- Country:Middle East
Dogecoin Cheers Coinbase Listing as Bitcoin’s Range Play Continues
Dogecoin (DOGE), the meme cryptocurrency, is rallying in the wake of a new exchange listing while bitcoin remains confined in a narrowing price range, having shaken out newbies and small investors with a 35% price crash in May.
Bitcoin is changing hands near $37,200 – up 1% on the day, according to CoinDesk 20 data. Prices hit lows near $35,000 during Asian hours.
The cryptocurrency has carved out a triangular price pattern on technical charts, representing higher lows and lower highs over the past two weeks.