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Dogecoin Jumps Over 16% In The Last Week — More Gains To Come?

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Dogecoin Jumps Over 16% In The Last Week — More Gains To Come? - NewsBTC

Quick Summary:

Over the past month, 60% of the price swings of Dogecoin have been termed as green’, which has made several traders remain positive on its bullish trend adoption, irrespective of the forecasted dip.

It can be observed that, on several occasions, the price of Dogecoin has surged by more than 50% within a short span of time whenever Musk publicly expresses his support for the cryptocurrency.

Related Reading: WLFI Token Launch, Backed By Trump, Falls Flat On $300 Million Fundraising Target This momentary bearish view is offered alongside bullish technical cues, particularly the Fear & Greed Index, which currently stands at 71, indicating extreme greed among investors.

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Dogecoin Jumps Over 16% In The Last Week — More Gains To Come? - NewsBTC (Picture 1)Dogecoin Jumps Over 16% In The Last Week — More Gains To Come? - NewsBTC (Picture 2)Dogecoin Jumps Over 16% In The Last Week — More Gains To Come? - NewsBTC (Picture 3)

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Article Details

Author / Journalist: Christian Encila

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-17 @ 19:00:55 (14 hours ago)

News Timezone: GMT +8:00

News Source URL: newsbtc.com

Language: English

Article Length: 500 words

Reading Time: 3 minutes read

Sentences: 73 lines

Sentence Length: 7 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © NewsBTC

News ID: 23108116

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About NewsBTC

NewsBTC Logo

Main Topics: Crypto

Official Website: newsbtc.com

Update Frequency: 9 posts per day

Year Established: 2013

Headquarters: United Kingdom

News Last Updated: 12 hours ago

Coverage Areas: United Kingdom

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #102

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