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Dogecoin Catch a SkyRocket, Despite Other Currencies Still Continue its Down

DogeCoin

With Cryptocurrency’s bad luck, it almost went down in huge percent at the beginning of 2022. It was the biggest down-trend cryptocurrency market had in a long time. So after the deadfall, the last couple of days market was rising a little bit trying to seek back its momentum.

Recently past 24 hours once again market had a downfall again. With world market fundamentals and the effect of the omicron virus, investors had taken a step back. However the most famous meme coin the Dogecoin has surprised all of us once again. 

The surprise was done with the support of the famous Elon Musk. Recently Dogecoin is facing a little downtrend but in the last 24 hours, dogecoin was able to capture a 20% appreciation.

The reason was a tweet. A tweet made by Elon Musk says “Tesla merch buyable with Dogecoin”. This was rocket-boosting news for the dogecoin fans.

In December 2021 Elon made a tweet and said they are looking forward to some new plans with Dogecoin.

With these new activities, Dogecoin is looking for price-breaking points. Past few days Dogecoin had some bullish patterns relative to its strong downtrend which they had in the past week. Experts say the Dogecoin price will be looking for a 0.2$ or 0.3$ price mark, but if the market tends to downtrend again the price mark of 0.3$ will be in touch. 

Dogecoin Chart
Source: TradingViwe

With these new activities, Dogecoin is looking for price-breaking points. Past few days Dogecoin had some bullish patterns relative to its strong downtrend which they had in the past week. Experts say the Dogecoin price will be looking for a 0.2$ or 0.3$ price mark, but if the market tends to downtrend again the price mark of 0.3$ will be in touch. 

End of the Story

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