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Dogecoin was born in the same way and established as a cryptocurrency paradox: serious stuffing and active. This Saturday, the DOGE course surprised 6 %reflection, reached $ 0.166. Behind this increase is a rare technical signal about the hourly recovery of the graph. But between contradictory indicators and recent news, the trajectory of dog crypto remains mysterious.
DOGECOIN AND THE GOLDEN CROSS: Lightning in a cloudy sky
On the hour graph, the Kryptogecoin Golden Cross – Mobile 50 Mobile 50 exceeded the average of 200 mobile 200. The signal conventionally interpreted as a favorable wind for buyers.
However, this light of optimism deserves nuances. Golden crosses in short periods, as well as an hour, have less weight than their daily or weekly counterparts. Especially in the context, where the Crypto Doge has shut down weeks between $ 0.129 and $ 0.205, without a clear direction.
But why does this reflection attract attention? The answer lies in the volume: 71 million DOGE has been replaced in 24 hours.
A character that betrays unusual agitation. It seems that traders respond to convergence between the technical signal and the global market. It remains to be found whether this time dynamics can change the overall trend.
Because the daily horizon resembles less pink reality. The average cross of the Death-Mobile last 200 days persisted since mid-March.
This duel among the indicators creates tangible tension: buyers play short -term cards while retailers maintain a structural advantage. The next few days will be decisive.
If the Crypto Doga exceeds $ 0.181, then $ 0.257, the bulls will regain control. Otherwise, support for $ 0.142 and $ 0.129 will become a criticism.
Beyond the graphics
While the technical indicators of outlining the contrast section, dogecoin made specific progress to seduce.
The release of Libdogecoin 0.1.4, an open source library in the C language, indicates a step towards simplified integration in third -party applications. A technical tool, yes, but symbolic: he recalls that developers are working on the project behind folklore.
Another sign of maturity: the start of ETP DOGECOIN 21 Shares, in cooperation with the House of Doga, on the six Swiss Stock Exchange.
These structured products, often reserved for “serious” assets, could attract cautious institutional investors in the face of traditional platforms. Unexpected legitimization for a crypto joke.
These announcements raise the question: What if Dogecoin finally escaped his status of a clean speculative vehicle? ETP offers regulated entrance doors, while Libdogecoin facilitates use cases. They combined, they could anchor the DOGE in a crypto ecosystem outside the mood of the market. A courageous bet, but necessary to transform volatility into credibility. In addition, discover the BNB chain, which actively prepares its increase in power in April.
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Evariste, fascinated by Bitcoin since 2017, has not stopped documenting on this topic. If his first interest focused on trading, he now tries to actively understand all cryptocurrency progress. As an editor, he tries to permanently provide high quality work that reflects the condition of the sector as a whole.
Renunciation
The words and opinions expressed in this article are involved only by their author and should not be considered investment counseling. Do your own research before any investment decision.