Department Of Government Efficiency Price Prediction: DOGE Jumps 13% As Traders Pivot To This ICO For Diversified Meme Coin Investing

The
Department
Of
Government
Efficiency
price
has
jumped
13%
in
the
last
24
hours
to
trade
at
$0.2371
as
of
7
a.m. 
EST
on
a
41%
pump
in
trading
volume
to
$20
million.

Department
Of
Government
Efficiency
Price
Signals
More
Uptrend

The
DOGEUSD,
on
a
4-hour
timeframe,
shows
a
strong
bullish
reversal
in
progress,
and
a
major
support
level
around
$0.16
formed
a
double-bottom
pattern,
signaling
a
classic
bullish
reversal
as
buyers
consistently
defended
this
price.

Prior
to
the
reversal,
DOGE
was
trading
within
a
descending
bearish
channel,
which
indicated
sustained
downward
pressure.
However,
a
breakout
above
the
channel,
accompanied
by
increasing
momentum,
has
shifted
market
sentiment
toward
bullishness.

DOGE
indicates
a
parabolic
curve,
a
structure
often
associated
with
accelerating
buying
momentum.

DOGEUSD
Analysis
Source:
Dextools.io

The
price
has
also
decisively
broken
above
the
50-day
moving
average
(SMA)
at
$0.1593
and
the
200-day
MA
at
$0.1692,
both
of
which
now
act
as
key
support
levels.
The
potential
for
a
golden
cross,
where
the
50-day
MA
crosses
above
the
200-day
MA,
could
further
reinforce
bullish
momentum.
Currently,
DOGE
is

trading
at
$0.2370,
signaling
sustained
upward
strength.

Department
Of
Government
Efficiency
Price
Indicators
Signal
Bullish
Momentum

Momentum
indicators
further
confirm
the
bullish
sentiment
as
the
MACD
shows
the
MACD
line
above
the
signal
line,
reflecting
positive
momentum,
although
the
histogram
suggests
a
slight
weakening
that
could
indicate
short-term
consolidation.

Meanwhile,
the
Relative
Strength
Index
(RSI)
is
at
60.13,
pointing
to
bullish
momentum
while
still
below
overbought
levels
(above
70),
leaving
room
for
further
price
appreciation.

The
immediate
resistance
lies
around
$0.25,
a
psychological
level
that
could
pose
a
short-term
barrier.
If
DOGE
breaks
above
this
level,
the
next
target
is
$0.30,
where
prior
consolidation
occurred.

On
the
downside,
if
the
price
fails
to
sustain
above
$0.20,
it
could
revisit
the
200-day
MA
at
$0.1692
or
the
major
support
at
$0.16.
Maintaining
momentum
above
key
support
levels
will
be
critical
for
continued
upside.

Meme
Index
Presale
Nears
$2
Million
–
Best
Crypto
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Buy
Now?

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rising
momentum
behind
the
Department
Of
Government
Efficiency
price
is
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seen
in
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Meme
Index
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meme
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coin
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meme
coin
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$1.9
million
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its
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analyst
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YouTube
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