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Dogecoin News

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TheNewsCrypto

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Dogecoin Dips After 50% Surge as Bulls Defend Key Support

  • Dogecoin (DOGE) is currently trading at $0.3842 with a 24-hour trading volume of $36.67 billion, marking a significant surge.
  • DOGE saw a slight daily dip of 6.55% but remains the sixth-largest cryptocurrency with a market cap of $56.39 billion.
  • A bullish flag pattern suggests a potential 45% upside for DOGE if it can hold above the $0.35 support level.
  • If DOGE breaks through the $0.56 resistance level, a larger rally may occur, while a dip below $0.35 support could lead to a brief pullback.

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Zycrypto

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Parabolic Spike In The Cards For Dogecoin As Trump Confirms Elon Musk To Lead D.O.G.E. Agency

  • President-elect Donald Trump has appointed Elon Musk and Vivek Ramaswamy to lead the Department of Government Efficiency (D.O.G.E) agency.
  • The D.O.G.E agency will focus on cutting bureaucracy, reducing regulations, and restructuring federal agencies.
  • Elon Musk has been a vocal supporter of Dogecoin, and the announcement of his role in the D.O.G.E agency has created bullish hype for the cryptocurrency.
  • After the announcement, Dogecoin experienced a parabolic spike, and some traders predict that it could reach $1 in price.

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Cryptoticker

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Dogecoin Trade Becomes Real as Trump Endorses D.O.G.E.

  • Dogecoin, once just a fun internet meme, is now making serious waves in the world of trading.
  • Donald Trump endorsed D.O.G.E, turning Dogecoin from a joke to a mainstream cryptocurrency.
  • Trump appointed Elon Musk and Vivek Ramaswamy to lead the Department of Government Efficiency, aiming to make government operations more efficient.
  • The endorsement and government involvement in Dogecoin could drive its price up and give it long-term legitimacy.

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Crypto-News-Flash

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Could Dogecoin Really Hit $5 by 2025? Exploring the Elon Effect

  • Dogecoin is seen as an 'insane market outlier' with potential for a breakthrough against Bitcoin.
  • Elon Musk's influence and the strong community support drive Dogecoin's bullish sentiment.
  • The breakout against Bitcoin indicates potential long-term gains, with the possibility of reaching $2.00 and even $5.00.
  • The general momentum in the cryptocurrency industry and potential institutional acceptance could further fuel Dogecoin's growth.

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Bitcoinsensus

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DOGE Rises After Trump’s Department of Government Efficiency Announcement with Elon Musk Leading

  • DOGE reached $0.43 after Donald Trump announced the creation of the Department of Government Efficiency with Elon Musk leading, but experienced a series of corrections that set its price at $0.37 at the time of writing.
  • DOGE is showing a rapid rise ahead of Donald Trump’s victory, up 227.9% over the last month and then 78.9% over the last week.
  • DOGE has overtaken XRP and USDC in terms of capitalization, ranking 6th among all cryptocurrencies and still behind BNB.
  • The dynamics of DOGE is one of the fastest, while it remains the only memecoin among the top 10 more classic tokens.

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Cryptonews

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Super Doginals Hits Dogecoin Blockchain with Free Doge-Themed Beat-‘Em-Up Game

  • “Super Doginals”, a Doge-themed beat-’em-up game, has launched on the Dogecoin blockchain via the Doginals protocol.
  • The game is inspired by retro brawlers and lets players control anthropomorphic Shiba Inu dogs to stop Rugstar the Wolf from stealing the moon.
  • It is playable on desktop, mobile, and tablets, with 14 levels and over 35 minutes of original music.
  • There are talks about the potential for a Dogecoin ETF, as Wall Street considers introducing more digital asset products.

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Insider

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Dogecoin surpasses Ford in value as Trump's win propels total crypto market cap to $3 trillion

  • Dogecoin has surged 157% since Trump's election win, reaching a $53 billion market valuation.
  • This rise aligns with a broader crypto frenzy, as investors expect Trump to boost the market.
  • Dogecoin is now bigger than notable companies like Ford, Allstate, Keurig Dr Pepper, and Kimberly-Clark.
  • The surge coincides with a total crypto market cap of $3 trillion, a gain of about $700 billion since the election.

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NullTX

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DOGECOIN PRICE ANALYSIS & PREDICTION (November 13) – Doge Faces Rejection After Testing Three-Year High, Up 40%

  • Doge reaches three-year high at $0.438 after a series of gains.
  • Bullish momentum shows potential for further surges in demand.
  • Close above $0.448 may lead to tests at $0.55 and $0.6 resistance levels.
  • Support levels at $0.298, $0.229, and $0.18 in case of a drop.

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18 Likes

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Bitcoinist

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Dogecoin Price Breaks Legendary Pennant Pattern, Here’s The Next Target

  • The Dogecoin price has broken out of a legendary Bull Pennant pattern, signaling a new bullish phase.
  • Analysts project a rise to $15 for Dogecoin as it continues to gain momentum.
  • Recent bullish factors, including Elon Musk's D.O.G.E proposal and support from Donald Trump, have been driving Dogecoin's price upwards.
  • Crypto analyst suggests Dogecoin could be the biggest gainer this cycle, potentially reaching $1 given certain conditions.

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Newsbtc

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Dogecoin Price On The Move With $0.4484 Breakout in Bulls’ Crosshairs

  • The Dogecoin price is aiming to break through the key resistance level of $0.4484, signaling renewed bullish momentum.
  • Bulls are determined to push through this barrier as market sentiment shifts in their favor.
  • Technical indicators, such as the 4-hour RSI and bullish candlestick patterns, support the positive trend.
  • Breaking through $0.4484 could lead to further gains and target the next resistance at $0.5920.

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Zycrypto

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Dogecoin Golden Cross Sparks Rally Hopes: Is a 3,000% Surge Possible?

  • Dogecoin's 'Golden Cross' pattern has reappeared on the weekly chart, signaling potential gains.
  • The Golden Cross, a bullish pattern, has historically led to significant rallies for Dogecoin.
  • Increased market activity supports the potential for another rally, with rising transaction volumes and active addresses.
  • Elon Musk's potential political alliance and support could further fuel Dogecoin's gains.

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Crypto-News-Flash

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Dogecoin (DOGE) Rockets 48%: Traders Eye $1 Price Target as Elon Musk Endorses Rally

  • Dogecoin (DOGE) has experienced a significant 45% increase in the last 24 hours, leading to speculation of a $1 price target.
  • The rally is driven by support from Elon Musk in the Trump administration, creating optimism among investors.
  • DOGE has reached $0.41, its highest level since May 2021, and has gained over 150% in the last week.
  • Analysts suggest that DOGE could easily reach $1 and potentially achieve targets of $2 to $4 this cycle.

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Bitcoinist

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Dogecoin Price Flashes Weekly Golden Cross That Led To 2021 Rally, Why A $4 Target Is Possible This Time

  • The Dogecoin price has surged above $0.4, reaching levels not seen since the 2021 bull market.
  • A golden cross, a bullish indicator, has appeared on Dogecoin's weekly chart.
  • Based on Fibonacci extension levels, analysts predict a possible rally towards $2 to $4 for Dogecoin.
  • Dogecoin's current price is $0.4278, and it is about 70% away from its all-time high.

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Bitcoinik

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Dogecoin ($DOGE) Enters Super Bull Run with 111%+ Surge in 7 Days – Will Elon Musk Weigh In?

  • Dogecoin (DOGE) has experienced a rapid surge in trade price, hinting at a super bull phase in the market.
  • Elon Musk's support for Dogecoin has boosted its popularity, with Tesla accepting it as payment.
  • Dogecoin's trade price has increased by 29% in the last 24 hours and 118% in the past 7 days.
  • Musk indirectly promotes Dogecoin through the concept of the Department of Governmental Efficiency (DOGE).

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Newsbtc

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Dogecoin Price May Explode By 10,200% Based On Classic Chart Pattern: Expert

  • Prominent macroeconomist Henrik Zeberg predicts a potential surge in Dogecoin price based on technical analysis.
  • Zeberg identifies the 'Rounding Bottom' chart pattern in Dogecoin's monthly chart, indicating a shift towards a bullish trend.
  • He highlights the resistance level at $0.49 as the first price target for DOGE to confirm the pattern.
  • Using Fibonacci levels, Zeberg predicts future price targets for Dogecoin, including a potential gain of 10,200% reaching $29 in a mania phase.

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