CandleFocus Dogecoin Denies Predicted Correction, Printing 4 Big Green Candles
2024-11-05
Author: Content Editor
Cryptocurrency analyst Ali Martinez predicts a potential correction for Dogecoin (DOGE) based on the TD Sequential index. However, DOGE defied the prediction and increased by 14.3% on the four-hour chart. Bitcoin and Ethereum, the two largest cryptocurrencies, also experienced price increases. The surge in DOGE, BTC, and ETH prices may be influenced by the U.S. election, which could impact regulations and adoption of cryptocurrencies in the country. Renowned investor Raoul Pal previously predicted that DOGE would enter an unrestrained upward surge. Dogecoin cofounder Billy Markus expressed support for the possibility of X, presumably a company, selling merchandise for DOGE.
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