Monday, April 28, 2025
The price of DOGE activates a pattern that anticipates major increases
The most valuable memecoin in the market seems to be starting a new bullish trend.
The price of dogecoin (DOGE), the memecoin with the highest market capitalization, rose this week to $0.19 (USD), its highest in a month. Since then, it has managed to stabilize around $0.17 (USD).
This increase has allowed for a significant technical crossover: the 10-day exponential moving average (EMA) of DOGE surpassed that of the 20-day. This movement is often interpreted as a sign of strength in the short-term trend, something that suggests the possibility of the memecoin continuing to rise.