đ¨âźď¸Dogecoin Price To $1 Soon? Textbook Weekly Golden Cross Shows Whatâs Coming Nextâźď¸đ¨
The worldâs largest meme coin, Dogecoin, has just completed the âTextbook Weekly Golden Crossâ for the first time in four years, signaling that higher prices are likely ahead. The Dogecoin price has been on a major bullish momentum this month, and recent price movements suggest that the cryptocurrency is poised for an even greater price rally.
According to Kevin, a Golden Cross typically occurs when the 50-day Simple Moving Average (SMA) crosses above the 200-day SMA on a chart. This 50 MA represents the average price of a cryptocurrency over a shorter term, while a 200 SMA indicates a price average over a longer term.
Currently, at the 0.618 Fibonacci level, the Dogecoin price is projected to surge to the 0.73838 Fibonacci level at $0.8. Additionally, the meme coin is expected to rise steadily towards the 1.0866 Fib between $0.95 and $1.1.
$DOGE
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