$DOGE is one of the strongest-looking assets on the market at this point, thanks to a healthy holder distribution and significant room for growth
The technical signal we have described in our previous articles is considered one of the strongest indicators of an upcoming trend reversal. Even thoughis not the most stable asset on the market, the cross between the 200- and the 50-day moving averages might become fuel for the market independently.
As the long-term reversal sign occurs, more investors and whales might want to get more exposure to the meme coin and fuel further growth of the asset. Unfortunately, the trading volume does not suggest a spike in buying activities, but it might be a matter of time.
At press time, Dogecoin is trading at the $0.1 price threshold and has gained 4.6% to its value in the last 24 hours.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Dogecoin (DOGE) Reverses, But Golden Cross Occurs, Hinting at Massive Rally: Crypto Market Review, Dec. 2Thanks to $DOGE massive runs at the beginning of November, its next step might be a long-term reversal
Read more »
Elon Musk Reaffirms Support for Dogecoin, DOGE Price RalliesTesla CEO Elon Musk says that Twitter wants to make it easier to transact with cryptocurrencies
Read more »
DOGE Now Wanted Desperately by BSC Whales, Here's WhyDogecoin emerges as among most purchased assets with a 23% weekly rise. WhaleStatsBSC
Read more »
DOGE and SHIB Price Analysis for December 2How long can SHIB remain more powerful than DOGE? Dogecoin dogecoin jasdoge DogecoinMemes RacerDoge crypto cryptocurrency doge
Read more »
David Gokhshtein Extends Support For DOGEIn a recent tweet, the crypto influencer mentioned Dogecoin in a positive context, expressing his support for this meme coin
Read more »
DOGE Soars 6%, BTC Stuck at $17K Amid Low Trading Volumes (Weekend Watch)Dogecoin is the best performer from the larger-cap alts, while CELO and NEXO have gained the most from the mid-caps.
Read more »