Today's

top partner

for CFD

TL;DR

Perhaps driven by corporate purchases or ETF hype, DOGE’s price has flown out of the gates in the past several days. Recall that the asset was stuck in a consolidation mode around $0.22 for a few weeks, until September 7.

That’s when the breakout began, and its first stop was at $0.24. That resistance didn’t last long, as the largest meme coin broke it earlier this week. The rally drove it to its highest price point since early February at $0.30.

Milkybull Crypto weighed in on the matter, saying that Dogecoin’s rally has just begun. Although the analyst didn’t set a particular target, a previous report noted that DOGE could be on the verge of a triple-digit surge due to the tightening Bollinger Bands.

Satoshi Flipper posted a DOGE/USDT 8-hour chart, which shows the clear breakout, and concluded that this is how Dogecoin is reminding everyone why it’s the “king of memes.”

Despite the hype around the token and its upcoming ETF, it’s worth noting that the SEC delayed the launch of the much-anticipated Rex-Osprey DOGE ETF (DOJE). It’s initial launch date was September 12, but it has been postponed to September 18 as of now.

The post Dogecoin Explodes to 7-Month High But Its Bullish Breakout Is Yet to Melt Faces appeared first on CryptoPotato.

Read the full story: Read More“>

Blog powered by G6

Disclaimer! A guest author has made this post. G6 has not checked the post. its content and attachments and under no circumstances will G6 be held responsible or liable in any way for any claims, damages, losses, expenses, costs or liabilities whatsoever (including, without limitation, any direct or indirect damages for loss of profits, business interruption or loss of information) resulting or arising directly or indirectly from your use of or inability to use this website or any websites linked to it, or from your reliance on the information and material on this website, even if the G6 has been advised of the possibility of such damages in advance.

For any inquiries, please contact [email protected]

G6 is free to use portal to find ways to improve your life. We choose carefully posts and partner with the best in field writers to bring you the best content. Since 2006, we are there for you on your way to success.

Find on Facebook Follow on Instagram Connect on LinkedIn

Don't miss out on latest news

Join newsletter

Enable notifications

You got a story to share? Questions?

Just connect our team and let's see

©2006-2023 - All rights reserved - GSIX.ORG

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money

All Content on this site is information of a general nature and does not address the circumstances of any particular individual or entity. Nothing in the Site constitutes professional and/or financial advice, nor does any information on the Site constitute a comprehensive or complete statement of the matters discussed or the law relating thereto. You alone assume the sole responsibility of evaluating the merits and risks associated with the use of any information or other Content on the Site before making any decisions based on such information or other Content. In exchange for using the Site, you agree not to hold G6, Lecira, its affiliates or any third party service provider liable for any possible claim for damages arising from any decision you make based on information or other Content made available to you through the Site.