Dogecoin's price surged by over 4.5% in the past 24 hours to reach $0.116 on Oct. 15, following a broader crypto market uptrend. The rally was fueled by easing Middle East tensions, positive S&P 500 earnings outlook, and Kamala Harris's pledge for clear crypto regulations in the US. The S&P 500 hitting record highs on Oct. 14 also contributed to the market optimism. Despite lowered third-quarter earnings expectations, investors are hopeful for positive surprises. Analysts predict a 4.2% rise in earnings, but company guidance hints at a potential 16% increase. Dogecoin's gains are linked to this positive market sentiment and Harris's supportive stance on crypto regulations. The cryptocurrency aims to surpass its 200-day EMA at $0.116 and target the upper trendline at $0.141. However, a failure to hold above the EMA could lead to a price decline towards the lower trendline at $0.109. Read more AI-generated news on: https://app.chaingpt.org/news

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