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Dogecoin Appears Headed for a 'Golden Cross'
Dogecoin (DOGE), the world's largest meme cryptocurrency by market value, seems headed toward a repeat of the bullish "golden cross" technical pattern that presaged the early 2021 surge. DOGE, which has a market cap of about $22 billion, has demonstrated remarkable performance this year, with a price surge of over 70% and significantly outpacing the near 50% increase in bitcoin (BTC), the largest cryptocurrency, according to CoinDesk data. The 50-week simple moving average (SMA) of the meme token's spot price is now trending north and looks set to cross above the 200-week SMA in the upcoming weeks, confirming ... (full story)