Dogecoin pops 4% amid memecoin rally as a short-term golden cross flashes
Dogecoin experienced a 4% increase as part of a broader rally in the memecoin market. This surge coincided with a technical indicator known as a "golden cross," which occurs when a short-term moving average crosses above a long-term moving average, signaling potential bullish momentum. The rise in Dogecoin's value reflects growing interest in memecoins among investors. Analysts suggest that the current market conditions may lead to further gains for Dogecoin and similar cryptocurrencies.
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