how can i buy cryptocurrency

The decrease continued until April 23, culminating in a local low of $0.169. Following this, DOGE created a hammer candlestick with a very long lower wick—a strong sign of buying pressure. Since then, the price has been moving upwards. Robinhood recently said it will launch crypto this resource site wallets early next year, which allow its users to transfer cryptocurrencies to and from their Robinhood accounts, and on Tuesday said more than 1 million people have signed up for the service. Unless dogecoin's price spikes again, and absent the listing of new coins, a successful launch of the crypto wallets is essential to Robinhood's crypto revenues returning to anywhere near their second quarter levels, said Piper Sandler's O'Neill. Last year, a number of financial institutions and well known investors threw their weight behind cryptocurrencies and blockchain technologies. On Wednesday, popular exchange Gemini announced support for dogecoin, after eToro added it to its online trading app on Tuesday.