Dogecoin jumps 4% to lead gains among majors as bitcoin zooms higher

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Dogecoin jumps 4% to lead gains among majors as bitcoin zooms higher Sharp volume spike drives breakout through resistance, with price now testing whether the level flips to support. What to know: - Dogecoin broke above the key $0.109 level in early Asia trading as bitcoin surged past $80,000, lifting broader crypto markets. - The move came in a single high-volume burst from about $0.1075 to $0.1119, suggesting concentrated buying rather than gradual retail interest. - Traders are watching whether $0.109 now holds as support, with $0.114 as the next resistance and a drop back below $0.109 signaling a failed breakout. Dogecoin cleared $0.109 in early Asia hours as bitcoin pushed through $80,000, with the break coming on a sharp volume surge that tends to signal real positioning rather than drift, leaving the level likely to act as near-term support if momentum holds. News Background • Bitcoin crossed $80,000 during early Asia trading, lifting broader risk appetite and pulling altcoins higher alongside the move. • DOGE followed the broader market bid, with momentum returning after a quiet stretch of sideways trading. Price Action Summary • DOGE climbed from $0.1075 to $0.1119, building higher lows before breaking resistance at $0.109. • The breakout came in a single high-volume burst rather than a gradual grind higher. • Price is now holding near $0.111, consolidating just above the breakout zone. Technical Analysis • The key shift is the break above $0.109, which had capped price during recent sessions. • Volume spiking into the move suggests concentrated buying rather than retail drift. • The structure now depends on whether $0.109 holds as support after the breakout. • Momentum is strong, but the move is getting stretched with RSI pushing higher and positioning building. What traders should watch • $0.109 is the pivot. Holding above it keeps the breakout intact. • $0.114 is the next resistance level if momentum continues. • A move back below $0.109 would signal a failed breakout and return to the prior range. More For You Sharp volume surge drives move through $1.40, meaning traders may now watch whether the level holds as support. What to know: - XRP briefly reclaimed the $1.40 level in early Asia trading on a surge in volume, signaling stronger participation in the latest move. - The token has broken out of the lower end of its recent $1.35 to $1.45 range and is consolidating just above the $1.40 breakout zone. - Traders are watching...

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