Dogecoin Climbs Back Above 8 Cents: ‘Expecting 45%-50% Bullish Rally In Case Of Successful Breakout,’ Analyst Says

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Benzinga

Dogecoin (CRYPTO: DOGE) has rebounded from its bearish weekly performance, trading 1.9% higher on the day Friday. If it manages to stay above the 8-cent support level, analysts predict a bullish pattern to play out. What Happened: Dogecoin, typically buoyed by celebrity endorsements and social media trends, experienced a notable surge in transactions exceeding $100,000. IntoTheBlock data indicates a rise from 154 transactions on Wednesday to 173 transactions on Thursday. In a significant development, SpaceX has opted to accept Dogecoin as payment for rescheduling the DOGE-1 Mission to the Moon…

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