#Dogecoin Today's News (8/25) #doge⚡
DOGE has surged 38,000% since its launch in 2013 💥, with a price surpassing $0.21 and trading volume in the billions! With support from Elon Musk & Grayscale, this meme coin has unlimited potential 🚀
📊 Technical Analysis
On Friday, Powell hinted at a possible interest rate cut in September → Market is optimistic
DOGE rose nearly 12% that day, rebounding from the 50% Fib retracement level on the weekly chart 💹
EMA 10/20/50 are fanning out, indicating a bullish trend ✅
⚠️ Point of Concern: Can it maintain above the 20-day moving average by the end of the week? Otherwise, DOGE may consolidate for 10-14 days or experience a slight pullback 🔄
