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Biggest Movers: DOGE Jumps 6%, AVAX Hits 2-Month High on Monday

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 (DOGE) rose by as much as 6% on Monday, as prices surged for a fifth consecutive session. Following a low of $0.08858 on Sunday, DOGE/USD raced to an intraday peak of $0.0946 earlier in today’s session. The move saw dogecoin close in on a key resistance at the $0.0960 level, which was last hit on April 5.

In addition to DOGE, avalanche (AVAX), was another notable gainer in the market to start the week. AVAX/USD climbed to an intraday high of $21.011 on Monday, following a low of $19.04 during Sunday’s session. As a result of Monday’s surge in price, avalanche has hit its highest point since Feb. 22.

(by Eliman Dambell)

Dogecoin Dogecoin $0.41
-4.59%
Dogecoin DOGE
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