Dogecoin Price Alert: Golden Cross Formation on Charts Indicates Big Move Ahead - Here's the Next Potential Target
Dogecoin (DOGE) has experienced a resurgence after a period of consolidation, displaying a rare golden cross on its 4-hour chart. This positive momentum stems from increased buying activity, leading analysts to predict a potential price surge towards $0.50 in the near future.
Dogecoin Forms Rare Golden Cross
Dogecoin's golden cross pattern suggests a significant upward trend in the coming weeks. This reversal from bearish to bullish sentiment typically precedes a rally. The token formed a similar golden cross in November, resulting in an 184% price increase within eight days.
Despite a recent intraday decline of 4.45%, Dogecoin's volume has surged by 112.22%, indicating high buying pressure. A breakout above $0.4739 could target $0.50 and eventually the all-time high of $0.7316. Continued bullish momentum could lead Dogecoin to approach $1 by year-end.
Lunex Network: Poised for a Potential Outperformance
Concurrently, Lunex Network (LNEX) has gained traction with significant whale activity. Analysts anticipate a potential 2000% rally for LNEX, potentially eclipsing Dogecoin's post-election rally of 200%.
Lunex Network's strategy focuses on the DEXs and CEXs market. Its noncustodial DeFi exchange facilitates cross-chain transfers without high fees or third-party wallets. The platform's encrypted data and lack of KYC checks provide anonymity and minimal transaction costs.
Rewards and Growth Potential
Long-term Lunex Network investors can benefit from its revenue sharing model. LNEX tokens are repurchased on the open market weekly, with up to 20% of revenue distributed to holders as staking rewards. The staking period of 30 days allows traders to earn passive income.
Currently available at $0.0036, Lunex Network's demand is high. Analysts expect the token's price to reach new all-time highs in the coming days.
For further information on Lunex (LNEX) Network:
- Website: https://lunexnetwork.com
- Socials: https://linktr.ee/lunexnetwork