Price: $0.39804 -2.2452%
Market Cap: 58.6B 1.6217%
Volume (24h): 3.2B 0%
Dominance: 1.6217%
Price: $0.39804 -2.2452%
Market Cap: 58.6B 1.6217%
Volume (24h): 3.2B 0%
Dominance: 1.6217% 1.6217%
  • Price: $0.39804 -2.2452%
  • Market Cap: 58.6B 1.6217%
  • Volume (24h): 3.2B 0%
  • Dominance: 1.6217% 1.6217%
  • Price: $0.39804 -2.2452%
Home > Information news > Dogecoin Price Alert Golden Cross Formation on Charts Indicate Big Move Ahead – Here’s the Next Potential Target

Dogecoin Price Alert Golden Cross Formation on Charts Indicate Big Move Ahead – Here’s the Next Potential Target

Release: 2024/12/04 22:09 Reading: 308

Original author:ETHNews

Original source:https://coinmarketcap.com/community/articles/675059490deb0348c4647b73

Dogecoin Price Alert Golden Cross Formation on Charts Indicate Big Move Ahead – Here’s the Next Potential Target

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

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