Dogecoin's First Weekly Golden Cross In Four Years Is '2-3 Green Weeks Away'
Portfolio Pulse from Khyathi Dalal
Dogecoin (DOGE) is potentially 2-3 weeks away from experiencing its first weekly golden cross in four years, a bullish technical signal. Historically, such an event led to a significant price surge. Current indicators suggest a shift from bearish to bullish momentum, although market conditions and investor sentiment will play a role.
July 24, 2024 | 2:32 pm
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Dogecoin is on the verge of a weekly golden cross, a bullish technical indicator. Historical data suggests a potential significant price increase. Current momentum indicators also point to a bullish trend.
The golden cross is a well-known bullish signal in technical analysis. The last occurrence led to an 18,000% increase in Dogecoin's price. Current momentum indicators also support a bullish outlook.
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