Dogecoin jumps 4.5% to nearly 10-cents, outperforming bitcoin and ether

coindesk
coindesk|2026年04月16日 05:33
Breakout backed by heavy participation and late-session buying, though weak on-chain activity raises questions over durability. What to know : Dogecoin extended its recent rally, outperforming bitcoin and ether as capital rotated into higher-risk crypto assets. The latest move appears driven largely by derivatives and leveraged positioning, with on-chain activity and daily active addresses still trending lower. Traders are watching $0.096 as near-term support and $0.104 as key resistance, with a drop below the $0.092–$0.090 area likely signaling a deeper pullback.
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