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Dogecoin (DOGE) is experiencing a continued surge in bullish momentum, and the signs are pointing toward more gains ahead. After breaking above the critical $0.3563 resistance level, DOGE has been showing strong upward movement, capturing the attention of both short-term traders and long-term investors. This breakout is further validated by the Moving Average Convergence Divergence Indicator (MACD), which signals the potential for further upside.
The MACD is often seen as a reliable tool for confirming trends, and its current bullish stance suggests that DOGE may have more room to climb. As the price of DOGE continues to break past resistance levels, the indicator’s positive signal reinforces the idea that the cryptocurrency might experience a sustained rally. With market sentiment growing more optimistic and technical indicators aligning with this positive outlook, DOGE…more
Source bitcoinist.com
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