TLDR
- SPAR Switzerland has started accepting Dogecoin payments in select stores, making it one of Europe’s first major retailers to adopt the cryptocurrency for everyday purchases
- Dogecoin is trading at $0.1976 with a 4.35% gain in the past 24 hours and a market cap of $29.81 billion
- Technical analysts have identified a cup-and-handle pattern on the charts with a potential breakout target of $0.50
- A double bottom formation has appeared on the daily chart with a key resistance level at $0.215 that could trigger a rally
- The MACD and RSI indicators suggest fading bullish momentum but analysts see strong long-term potential with support levels at $0.19 and $0.155
Dogecoin is trading at $0.1976 after climbing 4.35% in the past 24 hours. The token’s 24-hour trading volume…more
Source coincentral.com
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