Dogecoin’s Golden Cross Signals Price Surge Potential

Cryptocurrency news website U.Today reports that Dogecoin (DOGE) has achieved a bullish golden cross on its daily chart, signaling potential price increases. The indicator indicates an upward trend based on the crossing of the 50-day moving average over the 200-day moving average. This is accompanied by a recent surge in DOGE prices, with a 21% increase observed over the past seven days. Dogecoin has bounced back from a Tuesday low of $0.218 and now trades around $0.241 after reaching $0.25 early Wednesday. This bullish momentum is further fueled by optimism surrounding potential Federal Reserve rate cuts in September. )