Dogecoin Soars 12% in Pre-FOMC Rally: Is DOGE's Bull Run Back?
Cointelegraph
Dogecoin surged 12% amid rising open interest and positive technical indicators, with analysts suggesting potential for further gains toward $0.33.Summary
Dogecoin (DOGE) saw a significant 12% rally leading up to the Federal Open Market Committee (FOMC) meeting, bolstered by the launch of a new ETP on Xetra and increased institutional interest. Futures open interest jumped 25%, signaling strong market participation. Technical analysis, specifically a 2023 fractal pattern and a bullish MACD crossover, suggests that if the current resistance zone is cleared, DOGE could experience a substantial rally toward $0.33.
(Source：Cointelegraph)