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Dogecoin’s Uptrend Set To Continue As MACD Points To More Growth
The recent breakout above the $0.3563 resistance level has sparked a surge in the Dogecoin (DOGE) market, with the token currently trading at $0.38. This upward momentum is expected to persist as the MACD indicator reinforces its uptrend, suggesting further growth.
According to the chart analysis and technical indicators, there are no signs of reversal or slowing down of this rally. The strong momentum following this breakout indicates that DOGE’s rally may not be over yet, potentially leading to even more substantial gains as it targets higher price levels.
In light of this, traders should be cautious of any potential sell-offs and take the opportunity to accumulate more DOGE at discounted prices before the next major move.
Source: bitcoinist.com
