Dogecoin Price To $1 Soon? Textbook Weekly Golden Cross Shows What’s Coming Next

Q: How long will it take to read this news story?

The story "Dogecoin Price To $1 Soon? Textbook Weekly Golden Cross Shows What’s Coming Next" has 485 words across 63 sentences, which will take approximately 3 - 5 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "Dogecoin Price To $1 Soon? Textbook Weekly Golden Cross Shows What’s Coming Next" was covered 1 weeks ago by NewsBTC, a news publisher based in United Kingdom.

Q: How trustworthy is 'NewsBTC' news outlet?

NewsBTC is a fully independent (privately-owned) news outlet established in 2013 that covers mostly crypto news. The outlet is headquartered in United Kingdom and publishes an average of 10 news stories per day. It's most recent story was published 8 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Negative, indicating that people regard this as "bad news".

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #23529674</li><li>URL: https://beamstart.com/news/dogecoin-price-to-1-soon-17313590345517</li></ul>

NewsBTC Logo NewsBTC 1w ago

Dogecoin Price To $1 Soon? Textbook Weekly Golden Cross Shows What’s Coming Next - NewsBTC

Quick Summary:

Kevin, the crypto analyst on X (formerly Twitter) who identified this Golden Cross on the Dogecoin chart, predicted that the pattern could set off a price rally toward the $1 mark. Golden Cross Sparks $1 Target For Dogecoin Price The world’s largest meme coin, Dogecoin, has just completed the "Textbook Weekly Golden Cross" for the first time in four years, signaling that higher prices are likely ahead.

Additionally, the meme coin is expected to rise steadily towards the 1.0866 Fib between $0.95 and $1.1. Notably, the crypto analyst disclosed that the last time the Dogecoin price experienced a Textbook Weekly Golden Cross was in 2020, during the previous crypto bull run.

The Dogecoin price has been on a major bullish momentum this month, and recent price movements suggest that the cryptocurrency is poised for an even greater price rally. According to Kevin, a Golden Cross typically occurs when the 50-day Simple Moving Average (SMA) crosses above the 200-day SMA on a chart.