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Crypto

Dogecoin Price Surges on Ichimoku Cloud Breakout, Trendline Reversal

Guavy AI Editorial Team
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DOGE DOG
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Dogecoin's price has surged to around $0.09575 after a sharp 16.5% daily increase, according to live market data.

The digital asset's recent breakout above the bearish Ichimoku cloud on the 4H chart is seen as a key signal by traders following this structure.

Researchers tracking DOGE's URPD distribution point to the $0.081 zone as one of the coin's most significant support levels, given the sheer volume that last changed hands there.

The weekly chart shows DOGE breaking a falling trendline for the second time since 2024, a setup that previously preceded a 382% rally in September 2024.

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Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

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