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NewsBTC 2022-11-06 15:20:53

Dogecoin Climbs 6% In Last 24 Hours – Can DOGE Maintain Its All-Green Aura?

Dogecoin, earlier today, once again initiated a rally that enabled it to go up by 6% in just 24 hours, peaking at $0.127. But as hours went by, DOGE lost some of its momentum as it is now trading at $0.122 according to tracking from Coingecko. Here’s a quick look at the meme coin’s performance: Dogecoin is still up by more than 100% over the last two weeks DOGE could hit $0.17 if it manages to break the $0.14 barrier The altcoin could also revisit its newly established support zone of $0.111 It is still enjoying its gains over the last few days at it is sitting on a 105.8% price surge during the last two weeks. Its month-to-date performance remains impressive as it is nursing a 93.7% price pump. It would seem that Dogecoin is still benefiting from high levels of interest brought about by the completed Twitter purchase of Elon Musk. Its community, however, may soon have plenty of reasons to be angry to the “Dogefather” and his social media platform as there are speculative reports circulating about plans for Twitter to halt crypto wallet and integration related projects. Still, as of this time, such unconfirmed development cannot dampen the rally the altcoin is having. In fact, technical indicators point towards another upswing trend for the “top dog” of the crypto field. Next Target For Dogecoin: The Elusive $0.17 Mark From October 25 to November 1, DOGE was on a strong rally that translated to a 140% ROI for holde...

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