Dogecoin (DOGE) has shown signs of a potential bull run, as it gained nearly 3 percent in the past 24 hours and processed over 1.93 million transactions last week, the highest level since July. The upcoming integration with Elon Musk's X platform for payment features, including its use for merchandise payments on Tesla and Starlink, is expected to boost the meme coin. Despite a death-cross in the daily time frame between moving averages, DOGE has formed a reversal pattern with a support level around $0.094, suggesting a potential major uptrend.
Other News from Today
Analyst Jamie Coutts Says Crypto Market Could Be in the Final Throes of a Bearish Phase – Here’s Why