Is It Too Late To Buy DOGE? Department Of Government Efficiency Price Surges 12% And This Might Be The Next Crypto To Explode

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The
Department
of
Government
Efficiency
price
soared
12%
in
the
last
24
hours
to
trade
at
$0.2445
as
of
02:44
a.m.
EST
on
trading
volume
that
plunged
11%
to
$11.8
million.

Department
of
Government
Efficiency
Price
Aims
For
A
Bullish
Trend
Reversal

After
a
parabolic
move
upwards
(green
arrow)
in
mid-November,
the
Department
of
Government
Efficiency
price
entered
a
falling
channel
pattern,
indicating
consolidation
following
the
rally.
It
now
appears
to
be
attempting
a
breakout
to
the
upside,
as
the
current
candle
is
above
the
triangle
resistance
around
$0.2660,
according
to
data
from

GeckoTerminal
.

Even
though
the

Department
of
Government
Efficiency
price

still
trades
below
the
50-day
Simple
Moving
Averages
(SMAs),
it
gracefully
trades
above
the
200-day
SMA,
which
supports
the
general
bullish
bias.

The
Relative
Strength
Index
(RSI)
is
neutral,
suggesting
neither
overbought
nor
oversold
conditions.
However,
it
is
moving
upwards
from
the
midline,
hinting
at
growing
bullish
momentum.
If
it
crosses
above
60,
it
would
signal
stronger
buying
pressure.

The
MACD
line
is
slightly
above
the
signal
line
(0.0013
vs.
-0.0121),
indicating
a
potential
bullish
crossover.
The
histogram
is
shifting
towards
positive
territory,
suggesting
that
bullish
momentum
might
be
gaining
strength.

The
price
is
attempting
a
breakout
above
the
resistance
of
this
triangle.
If
confirmed,
the
next
target
would
likely
be
the
previous
highs
around
$0.400

$0.500.

Department Of Government Efficiency Price Chart Analysis Source: GeckoTerminal

DOGEUSD
Chart
Analysis
Source:
GeckoTerminal

Meanwhile,
if
the
bears
take
control
of
the
price
at
this
level,
the
Department
of
Government
Efficiency
price
could
plunge
to
the
major
support,
within
the
200-day
SMA
at
$0.157.

As
the
DOGE
price
surges,

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