What’s Next For Dogecoin Price After 80% Weekly Surge

Quick Summary:

While most major altcoins followed the same momentum, the meme cryptocurrency experienced a high-momentum rally driven by its inherent volatility and appeal among speculative traders.

Bitcoin, the leading cryptocurrency, soared to a new all-time high of $80,100 on November 10, triggering a broader market breakout.

An analysis of the weekly chart shows the massive green candle gives a breakout from the $0.228 neckline of a cup and handle pattern.

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Article Details

Author / Journalist: Sahil Mahadik

Category: Crypto

Markets: IndiaUnited States

Topics: Dogecoin (DOGE) Doge Price Analysis

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-10 @ 22:24:35 (5 days ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 391 words

Reading Time: 3 minutes read

Sentences: 36 lines

Sentence Length: 11 words per sentence (average)

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

Copyright Owner: © CoinGape

News ID: 23502727

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About CoinGape

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 33 posts per day

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News Last Updated: 11 hours ago

Coverage Areas: India

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