Dogecoin (DOGE) Price Eyes ‘Golden Cross’, A Mega Rally ahead?
Release: 2024/05/11 15:34 Reading: 937
- Original author：Coingape News Media
- Original source：https://coingape.com/?p=196375
The world's largest meme coin, Dogecoin (DOGE), has been laying the groundwork for an impending mega rally, poised to surge as soon as the cryptocurrency market regains its upward momentum.
The Dogecoin price chart reveals that the altcoin is nearing the highly anticipated "Golden Cross," a technical pattern that historically favors long-term investors.
The Dogecoin Golden Cross Pattern
At the time of writing, Dogecoin (DOGE) trades at $0.145 with a market capitalization of $20.92 billion. It maintains an impressive 85% gain since the year's commencement.
Zooming out, the broader upward trend remains unyielding despite the recent correction over the past four days. Notably, this week witnessed significant Dogecoin whale activity within the market.
Upon closer inspection, there is even greater reason for optimism: The 50-week simple moving average (SMA) of the token's spot price is currently trending upwards. If this trajectory persists, it is likely to intersect with the 200-week SMA in the coming weeks. This convergence would form a golden cross, a significant event not witnessed in Dogecoin since early 2021. During that previous occurrence, DOGE embarked on a remarkable rally, reaching its all-time high of over $0.73 per coin just four months later.
Recent news
More>- 60.9 Billion Dogecoin (DOGE) in 24 Hours, What's Happening? 11-27
- Historic Milestones: Bitcoin approaching $100,000 and Pepe Unchained secures over $52 million in presale 11-27
- UK’s financial regulator to implement final crypto rules by 2026 11-27
- Dogecoin’s Dogebox Will Revolutionize Everyday Transactions in 2025 11-27
- From Dogecoin to Dogen: The 10,000% Rally Everyone Is Talking About! 11-27
- Bets.io – one of the most wonderful and safe online crypto-casinos 11-27
- This week’s crypto opportunities: Buy signals for XRP, LINK, and XYZ 11-26
- Trump’s Pet Pepe (TRUMPEPE) Solana Memecoin Will Rally 18,000% Before Exchange Listings, As Shiba Inu and DOGE Lag 11-26
- Analyst Predicts This Layer-2 Meme Coin Could Surge 150X at Launch 11-26
Selected Topics
More>>-
- pepecoin Price Analysis
- This topic provides articles related to PepeCoin price, covering key PepeCoin insights and analysis
-
- pepe:meme star
- This topic provides articles related to the most promising meme, PEPECOIN, a project with the potential to become a mainstream digital currency. It has the advantages of decentralization, reliability, ease of use, fast speed, low cost and scalability, and is expected to be more widely used in the future
-
- pepecoin price prediction
- We’ve gathered facts about pepecoin’s success story and provided a pepecoin price prediction
Selected Articles
More>>- 1 Avalanche and Aptos rival raises over $600k in 2 weeks
- 2 Crypto Prices Today: Market Continues Rally With BTC, Pepe Coin, SEI Rising
- 3 Major Analyst Crypto Tony Bullish on These Meme Coins, But One Stands Out
- 4 MTAUR Ready to Crush DOGE and PEPE: 100x Price Growth Incoming?
- 5 Memecoins Surge in 2024, Popcat Leads with 7,621% YTD Gain, Outshining Top Crypto Tokens
- 6 PEPE Meme Coin Smashes ATH – See How Much an $83 Investment in Pepe Coin Last Year is Worth Now
- 7 Top 4 Altcoins At 70% Discounts – Last Chance!
- 8 Dogecoin Creator Proposes DOGE to NBA Legend Scottie Pippen
- 9 Top Analyst Who Predicted Dogecoin (DOGE) Last 170x Rally Forecasts New Parabolic Rise, Here’s His Price Target
- 10 New Solana Memecoin Trump Loves Elon to Rally 15,000% Before Exchange Listing, SHIB and Bonk Crash
ABOUT US
We are building the most influential，trusted information platform for aglobal community engaged in thd transformation of the financial system andthe emerging crypto economy.PEPE is an integrated platform for media,events,data & indices for the next generation fo investing and the future of money.
Get in touch with the PEPE team at admin@pepecoinbuy.com