• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Dogecoin: awaiting a third consecutive 'golden cross' in November

user avatar

by Giorgi Kostiuk

8 months ago


Cryptocurrency Dogecoin may witness another 'golden cross', potentially signaling a rise in price.

Coverage of the 'Golden Cross'

Dogecoin is approaching a potential 'golden cross', where the 50-day moving average crosses above the 200-day moving average. The last 'golden cross' was recorded in November 2023.

Market Analysis and Predictions

Crypto analyst Ali predicts a parabolic bull run for Dogecoin in November upon a sustained close above $0.20. However, critics note that moving average crossovers are often lagging indicators.

Crypto analyst Ali predicts a parabolic bull run for Dogecoin in November upon a sustained close above $0.20.Ali

Risks and Investor Expectations

It is worth noting that in November 2022, Dogecoin lost 16% following a 'golden cross', while in November 2023, the price increased by 22%. Investors are cautiously watching for a potential repeat of this pattern in 2024.

If Dogecoin achieves another 'golden cross' in November, it would mark the third consecutive occurrence. Investors and analysts are closely watching market movements.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

Other news

Pump.fun Token Sale Details Revealed by Bybit

chest

Bybit announces the opportunity to purchase PUMP tokens, but restrictions for EU users apply.

user avatarGiorgi Kostiuk

H100 Group Successfully Closes Equity and Debenture Issuance of SEK 516 Million

chest

H100 Group announced the closing of tranches totaling SEK 516 million to bolster its Bitcoin strategy.

user avatarGiorgi Kostiuk

US Sanctions: North Korea and Russia Targeting Crypto Industry

chest

The US has imposed sanctions on individuals from North Korea and Russia accused of aiding cyberattacks on crypto firms.

user avatarGiorgi Kostiuk

Hemi Network: A New Evolution in Bitcoin and Ethereum Integration

chest

Hemi Network unveiled an innovative Layer 2 solution merging Bitcoin security and Ethereum flexibility, enhancing multi-chain interoperability.

user avatarGiorgi Kostiuk

Ban on Crypto ATMs and Cash Transfer Limits in New Zealand: New AML Measures

chest

New Zealand is implementing AML measures including a ban on crypto ATMs and limits on international transfers capped at $5,000.

user avatarGiorgi Kostiuk

HTX Boosts Security of Its Platform Amid Rising Cyber Threats

chest

HTX has released a security report detailing enhancements for the exchange in response to increasing attacks.

user avatarGiorgi Kostiuk
dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.