Dogecoin Alert: A “Golden Cross” on the Price Chart Means DOGE…
Dogecoin Alert: A ‘Golden Cross on the Price Chart’ Means DOGE is Eyeing a Potential Uptrend
The price of DOGE has increased by over 6% in the last seven days. However, some metrics looked bearish for the memecoin.
Like most cryptocurrencies, Dogecoin [DOGE] has not disappointed investors, posting gains over the past week. However, it can get even better as the DOGE price chart is eyeing a ‘Golden Cross’ within a few weeks.
Possible Dogecoin Uptrend
According to data from CoinMarketCap, the price of DOGE has increased by 6% in the last seven days. The uptrend continued in the last 24 hours as the price of the world’s largest memecoin rose by over 3%. At press time, DOGE was trading at $0.1051 with a market cap of over $15 billion, making it the ninth largest cryptocurrency.
Meanwhile, Kevin, a well-known crypto analyst recently posted a tweet on DOGE showing a downward channel. If Dogecoin manages to break out of this pattern investors would witness seeing a golden cross and starting an overall long-term bull rally.
Therefore AskFX planned to review current state and performance for Doge.
Source: X
According to our analysis.. AskFX looked at Dogecoins path forward liquidation level and its possible resistance and suspected levels according to our analysis
If liquidation increases… it will act as resistance
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