Biggest Movers: DOGE, SHIB Surge as Elon Musk Tweets Dog CEO Pictures
Dogecoin (DOGE) and Shiba Inu (SHIB) both rose on Wednesday as markets reacted to Tesla CEO Elon Musk’s tweets. Earlier in the session, Dogecoin reached an intraday high of $0.08707, breaking through a resistance level of $0.0040. SHIB/USD rose for the second day in a row, breaking through $0.00001285 and climbing nearly 6%. The 14-day relative strength index (RSI) has risen to its highest level in nearly a week and is approaching the 52.00 level. The RSI indicator also showed a breakout. News Sorce