SHIB up 20%, DOGE over 30% higher to start the weekend.
Meme coins were trading significantly higher on Saturday, as both shiba inu and dogecoin rose by over 20%. Shiba inu rallied to a six-week high in today’s session, as the token broke out of a key resistance level. Dogecoin extended recent gains, climbing to a five-month high in the process.Shiba inu rose to a six-week high to start the weekend, as the token was up by over 20% on Saturday.
Today’s move pushed prices of the meme coin to their highest point since September 13, breaking out of a resistance point in the process.Looking at the chart, the aforementioned ceiling was the $0.00001230 level, which has been in place since mid-September. Dogecoin extended its bull run for a fifth straight session, with the token trading over 30% higher in today’s session.
As a result of its gains to start the weekend, the meme coin is now trading at its highest level since May 11.In addition to multi-month highs, the RSI is currently tracking at 90.37, which is its strongest point in over a year.
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