Dogecoin price rallies by 8%

Dogecoin price rallies by 8% in the past 24 hours.

DOGEUSDT 4h _2024-10-16_14-57-21_b467a.png

Dogecoin price rallies by 8% in the past 24 hours. Price increase is due to most retail traders speculating in the memecoin market due to the memecoin supercycle narrative and also Grayscale added Dogecoin to the list of 35 crypto projects earmarked for future investments.

Thecryptobasic X post on Doge.png

TheCrypoBasic posted about Dogecoin price surge could lead to price increase all the way to $10.

Cointelegraph X post on Doge.png

Cointelegraph Markets and Research posted about Dogecoin gained 10% in the past 24 hours and they believe that Doge price has more room to run.

DOGEUSDT 4h _2024-10-16_14-57-21_b467a.png

Dogecoin on the 4 hour timeframe the price is above the cloud and the other cloud components are all bullish.

DOGEUSDT 1d _2024-10-16_14-57-41_6b5ab.png

Dogecoin price on the 1 day timeframe the price is above the cloud and the cloud indicators are also bullish.

DOGEUSDT 1w _2024-10-16_14-58-00_9f09d.png

Price of Dogecoin is below the cloud and the cloud indicators like the future cloud is bearish.

DOGEUSDT 1month _2024-10-16_14-58-17_f40a1.png

Price of Dogecoin is below the conversion line which is kind of bearish but the lagging span has crossed price to the upside which is kind of bullish.