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🚀🚀 Dogecoin (DOGE) Hits Enormous 5.6 Billion Support 🚀🚀 Dogecoin's price could aim higher than anticipated as it hits important support level Analyzing Dogecoin's current position As observed on the latest charts, Dogecoin has been wrestling with a bearish trend but is now approaching a robust support level. This level, characterized by a substantial volume of Dogecoin, represents a point where historical buying interest has been strong enough to prevent further price declines. The presence of such a significant support zone suggests that there is potential for a reversal if the sentiment and market conditions align favorably. The chart below shows Dogecoin trading below the 50-day and 100-day EMAs, indicating a current bearish bias in the short to midterm. However, the proximity to the major support zone could be an important factor in a reversal rally. This support level, reinforced by a high concentration of buy orders in the past, offers a glimmer of hope for bullish Dogecoin investors. If Dogecoin manages to maintain its stance above this significant support level and volume increases, there could be enough buying pressure to propel the price upwards, challenging higher resistance levels. $DOGE #DogecoinGlory #Dogecoinnews #Doge
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Coinbase has announced its plans to introduce Dogecoin futures trading as early as April 1. $DOGE
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Doge soared over 20% after Tesla officially included Dogecoin as one of its payment methods, applying to selected products. $DOGE
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Dogecoin (DOGE) rockets toward potential parabolic growth as whale activity sparks surge in key on-chain metrics In the past 24 hours, Dogecoin (DOGE) has experienced a significant surge in on-chain activity, with key metrics indicating a potential bullish trajectory for the popular meme cryptocurrency. According to data from IntoTheBlock, the Large Holders Netflow for Dogecoin has witnessed remarkable growth, shifting from a negative zone to 386 million DOGE during the period under scrutiny. $DOGE
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Shiba Doge Hybrid Will Surge Over 8,000% Ahead of MEXC Listing, as Shiba Inu and Dogecoin Struggle Shiba Doge Hybrid (SHIDOGE) could turn early investors into multi-millionaires if it becomes a mainstream coin, like Shiba Inu (SHIB) and Dogecoin (DOGE). Shiba Doge Hybrid (SHIDOGE), a new Solana memecoin that was launched this week, is poised to explode over 8,000% in price in the coming days. BLOCKCHAIN NEWS/CRYPTO NEWS TODAY Shiba Doge Hybrid Will Surge Over 8,000% Ahead of MEXC Listing, as Shiba Inu and Dogecoin Struggle The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE) and DogWifHat (WIF) trading sideways in recent weeks and losing momentum. BY MARK TRAVERS MAY 12, 2024 Shiba Doge Hybrid (SHIDOGE) could turn early investors into multi-millionaires if it becomes a mainstream coin, like Shiba Inu (SHIB) and Dogecoin (DOGE). Shiba Doge Hybrid (SHIDOGE), a new Solana memecoin that was launched this week, is poised to explode over 8,000% in price in the coming days. Dogecoin Jumps After Elon Musk Replaces Twitter Bird With Shiba Inu This is because SHIDOGE has announced its first centralized exchange listing, which will be on MEXC. $DOGE
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