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, suggesting potential bullish momentum. Analysts are optimistic about Dogecoin's prospects, attributing the rise to renewed interest in memecoins. The overall market sentiment appears to be shifting positively, contributing to the recent gains in Dogecoin and similar cryptocurrencies.
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